Acquisitions - January-December 2001

     UNIVERSITY OF ALBERTA.  Department of Economics.                   

     2000-1 Buse, A.  The history of extraneous estimation.  51p.       
     2001-1 Eckert, Andrew.  Retail price cycles and the presence of    
            small firms: general results.  52p.                         

     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     119    Tsionas, Efthymios G.  Bayesian inference in the non-central
            student-t model.  20p.                                      
     118    Vlachou, Andriana.  The economics of global warming: a      
            critical assessment.  32p.                                  
     120    Andrikopoulos, Andreas A. & Prodromidis, Kyprianos P.  The  
            qualitative element in organization behavior.  9p.          
     121    Baltas, Nicholas C. & Xepapadeas, Anastasios.  Car          
            replacement and environmental policy in the EU: the case of 
            Greece.  20p.                                               
     123    Andrikopolous, Andreas A. & Prodromidis, Kyprianos P.       
            Fiscal instruments, political business cycles and the EMU:  
            some stylized facts.  27p.                                  
     122    Andrikopoulos, Andreas A., Loizides, John C. & Prodromidis, 
            Kyprianos P.  Political business cycles and national tax    
            policies in the EU countries.  29p.                         
     124    Bitros, George C. & Tsionas, Efthymios G.  A consistent     
            approach to cost efficiency measurement.  19p.              
     125    Baltas, Nicholas C.  European Union enlargment: an historic 
            milestone in the process of European integration.  14p.     
     126    Bitros, George C. & Flytzanis, Elias G.  Towards a general  
            theory of real capital.  24p.                               
     101    Demopoulos, George D. & Fratzeskos, Emmanuel K.             
            Macroeconomic developments and problems in the transition   
            process of the Bulgarian economy.  37p.                     
     127    Dimelis, Sophia & Louri, Helen.  Foreign direct investment  
            and productivity analysis.  27p.                            
     131    Baltas, Nicholas C.  The common agricultural policy: past,  
            present and future.  17p.                                   
     128    Economides, George, Miaouli, Natasha & Philippopoulos,      
            Apostolis.  Electoral uncertainty and economic growth.  19p.
     132    Fotopoulos, George & Louri, Helen.  Determinants of firm    
            growth: an integrated empirical assessment.  26p.           
     129    Miaouli, Natasha.  Optimal wage formation and rent          
            extraction: evidence from five European countries.  33p.    
     130    Tsionas, Efthymios G.  Stochastic frontier models with      
            random coefficients.  31p.                                  
     134    Bosworth, Barry & Kollintzas, Tryphon.  Economic growth in  
            Greece: past performance and future prospects.  49p.        
     133    Pournarakis, Mike.  Fixity of exchange rates and efficiency 
            of monetary policy in the European transition economics: the
            experience of .  20p.                                       
     135    Demopoulos, George D., Yannacopoulos, Nicholas A. & Warren, 
            Stanton A.  Monetary unions, adjustment mechanisms and      
            risk-sharing: can market forces replace fiscal policy in the
            European Un.  14p.                                          




                                                           PAGE   2


     UNIVERSITY OF AUCKLAND.  Department of Economics.                  

     214    King, Ian.  Rankings of economics departments in New        
            Zealand.  9p.                                               
     215    Phillips, Peter C.B. & Yu, Jun.  Exact Gaussian estimation  
            of continuous time models of the term structure of interest 
            rates.  22p.                                                

     BANCO DE ESPANA.  Servicio de Estudios.                            

     200017 Alonso, Francisco, et al.  Estimating liquidity premia in   
            the Spanish government securities market.  44p.             
     200010 Ortega, Eva & Alberola, Enrique.  Transmission of shocks and
            monetary policy in the Euro area: an exercise with NIGEM.   
            75p.                                                        
     200020 Gali, Jordi, Gertler, Mark & Lopez-Salido, J. David.        
            European inflation dynamics.  45p.                          
     200018 Fernandez de Lis, Santiago, Martinez Pages, Jorge & Saurina,
            Jesus.  Credit growth, problem loans and credit risk        
            provisioning in Spain.  37p.                                
     2001-2 Balakrishan, Ravi.  The interaction of firing costs and     
            on-the-job search: an application of a search theoretical   
            model to the Spanish .  40p.                                
     2001-3 de Castro, Francisco, Gonzalez-Paramo, Jose M. & Hernandez  
            de Cos, Pablo.  Evaluating the dynamics of fiscal policy in 
            Spain: patterns of interdependence and consistency of public
            expenditur.  43p.                                           
     200019 Hernandez de Cos, Pablo, Argimon, Isabel & Gonzalez-Paramo, 
            Jose M.  Does public ownership affect business performance?:
            empirical evidence with panel data from the Spanish         
            manufacturi.  54p.                                          
     2001-1 Rendon, Silvio.  Job creation under liquidity constraints:  
            the Spanish case.  48p.                                     
     2001-5 Ayuso, Juan & Repullo, Rafael.  Why did the banks overbid?: 
            an empirical model of the fixed rate tenders of the European
            Central Bank.  25p.                                         
     2001-8 Maravall, Agustin & del Rio, Ana.  Time aggregation and the 
            Hodrick-Prescott filter.  46p.                              
     2001-4 Nielsen, Carsten K.  Three exchange rate regimes and a      
            monetary union: determinacy, currency crises, and welfare.  
            35p.                                                        
     2001-6 Ruge-Murcia, Francisco J.  Inflation targeting under        
            asymmetric preferences.  54p.                               
     2001-7 Vinals, Jose.  Monetary policy issues in a low inflation    
            environment.  67p.                                          
     200110 Estrada, Angel & Lopez-Salido, David.  Accounting for       
            Spanish productivity growth using sectoral data: new        
            evidence.  35p.                                             
     200111 Alonso, Francisco, Blanco, Roberto & del Rio, Ana.          
            Estimating inflation expectations using French government   
            inflation-indexed bonds.  39p.                              
     200112 Caporello, Gianluca, Maravall, Agustin & Sanchez, Fernando  
            J.  Program TSW reference manual.  59p.                     




                                                           PAGE   3


     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     200034 Shiratsuka, Shigenori.  Asset prices, financial stability,  
            and monetary policy based on Japan's experience of the asset
            price bubble.  39p.                                         
     2001-1 Shiratsuka, Shigenori.  Information content of implied      
            probability distributions: empirical studies on Japanese    
            stock price index options.  37p.                            
     2001-5 Amemiya, Takeshi.  Endogenous sampling in duration models.  
            22p.                                                        
     2001-2 Mann, Ronald J.  Card-based payment systems in the United   
            States and Japan.  56p.                                     
     2001-3   Technological innovation and banking industry monetary    
            policy: forum on the development of electronic payment      
            techn.  93p.                                                
     2001-4 Yamai, Yasuhiro & Yoshiba, Toshino.  On the validity of     
            value-at-risk: comparative analyses with expected shortfall.
             34p.                                                       
     2001-6 Weinberg, John A..  The pricing of interbank payment        
            services in a changing competitive environment.  24p.       
     200110 Fujiki, Hiroshi & Shiratsuka, Shigenori.  Policy duration   
            effect under the zero interest rate policy in 1999-2000:    
            evidence from Japan's money market data.  53p.              
     2001-9 Mio, Hitoshi.  Identifying aggregate demand and aggregate   
            supply components of inflation rate: a structural VAR       
            analysis for Japan.  30p.                                   
     2001-8 Tsuru, Kotaro.  The choice of lending patterns by Japanese  
            banks during the 1980s and 1990s: the causes and            
            consequences of a real .  50p.                              
     2001-7 Tsuru, Kotaro.  Should banks choose collateral or           
            non-collateral lending?  The impact of a project's risk,    
            bank's monitoring effici.  61p.                             
     200111 Baba, Naohiko.  Optimal timing in banks' write-off decisions
            under the possible implementation of a subsidy scheme: a    
            real options .  38p.                                        
     200113 Fujuki, Hiroshi.  Money demand near zero interest rate:     
            evidence from regional data.  28p.                          
     200115 Wall, Howard J.  Has Japan been left out in the cold by     
            regional integration?.  25p.                                
     200112 Yamai, Yasuhiro & Yoshiba, Toshinao.  Comparative analyses  
            of expected shortfall and VAR: their estimation error,      
            decomposition, and optimization.  43p.                      
     200114 Yoshiba, Toshinao & Yasuhiro, Yamai.  Comparative analyses  
            of expected shortfall and value-at-risk (2): expected       
            utility maximization and tail risk.  29p.                   
     200116 Okina, Kunio & Shiratsuka, Shigenori.  Asset price bubbles, 
            price stability, and monetary policy: Japan's experience.   
            51p.                                                        
     200117 Watanabe, Toshiaki & Asai, Manabu.  Stochastic volatility   
            models with heavy-tailed distribution: a Bayesian analysis. 
            52p.                                                        

     BEN GURION UNIVERSITY.  Monaster Center for Economic Research.     

     2000-8 Justman, Moshe.  Transitional dynamics of output, wages and 
            profits in innovation-led growth: a general equilibrium     
            analysis.  37p.                                             
                                                           PAGE   4

     2000-7 Moldovanu, Benny & Sela, Aner.  Patent licensing to Bertrand
            competitors.  23p.                                          
     2000-6 Shalit, Haim & Yitzhaki, Shlomo.  Solving the portfolio     
            allocation puzzle.  11p.                                    
     200010 Ben-Zion, Uri, Hibshoosh, Aharon & Spiegel, Uriel.  Price   
            discrimination by coupons restriction.  7p.                 
     2001-1 Gavious, Arie, Moldovanu, Benny & Sela, Aner.  Bid costs and
            endogenous bid caps.  23p.                                  
     2000-9 Perez-Castrillo, David & Wettstein, David.  In whose        
            backyard?  A generalized bidding approach.  21p.            
     2001-2 Ruffle, Bradley J. & Kaplan, Todd R.  Here's something you  
            never asked for, didn't know existed, and can't easily      
            obtain: a search model of gift giving.  30p.                
     200112 Abu-Qarn, Aamer S. & Abubader, Suleiman.  Export-led growth:
            empirical evidence from the Mena region.  22p.              
     200111 Abubader, Suleiiman.  Institutional changes and breakpoints 
            in Israeli trade.  25p.                                     
     2001-3 Gavious, Arieh & Sela, Aner.  Auctions with reservation     
            prices.  20p.                                               
     2001-7 Gradstein, Mark.  Rules, stability, and growth.  23p.       
     2001-6 Justman, Moshe & Zuscovitch, Ehud.  The economic impact of  
            subsidized industrial R&D in Israel.  22p.                  
     2001-9 Justman, Moshe, Thisse, Jacques-Francois & van Ypersele,    
            Tanguy.  Fiscal competition and regional differentiation.   
            20p.                                                        
     2001-9 Palmon, Oded & Spivak, Avia.  Adverse selection and the     
            market for annuities.  49p.                                 
     200110 Ruffle, Bradley J.  Competitive equilibrium and classroom   
            pit markets for the early 21st century.  18p.               
     2001-5 Tykocinski, Orit E. & Ruffle, Bradley J.  Instrumental      
            waiting.  16p.                                              
     200117 BenZion, Uri, et al.  Efficiency differences between the S&P
            500 and the Tel-Aviv 25 indices: a moving average           
            comparison.  37p.                                           
     2001-8 Einy, Ezra, et al.  Dominant strategies, superior           
            information, and winner's curse in second-price auctions.   
            18p.                                                        
     200119 Einy, Ezra, Moreno, Diego & Shitovitz, Benyamin.  On the    
            value of public information in a Cournot duopoly.  19p.     
     200114 Fibich, Gadi, Gavious, Arieh & Sela, Aner.  Revenue         
            equivalence in asymmetric auctions.  17p.                   
     200116 Haimanko, Ori, LeBreton, Michel & Weber, Shlomo.  Transfers 
            in a polarized country: bridging the gap between efficiency 
            and stability.  39p.                                        
     200113 Homma, Tetsushi, Tsutsui, Yoshiro & BenZion, Uri.  Exchange 
            rate and stock prices in Japan.  26p.                       
     200118 Ruffle, Bradley J.  Tax and subsidy incidence equivalence   
            theories: experimental evidence from competitive markets.   
            46p.                                                        
     200115 Sosis, Richard & Ruffle, Bradley.  Religious ritual and     
            cooperation: testing for a relationship on Israeli religious
            Kibbutzim.  26p.                                            

     BOSTON UNIVERSITY.  Dept. of Economics-Industry Studies Program.   

     103    Ma, Ching-to Albert.  Public rationing and private cost     
            incentives.  21p.                                           

                                                           PAGE   5

     104    Rysman, Marc.  Competition between networks: a study of the 
            market for yellow pages.  43p.                              

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     293    Dranove, David & Gandal, Neil.  The DVD vs. DIVX standard   
            war: empirical evidence of vaporware.  30p.                 
     291    Farrell, Joseph & Shapiro, Carl.  Scale economies and       
            synergies in horizontal merger analysis.  28p.              
     292    Palomino, Frederic & Rigotti, Luca.  The sport league's     
            dilemma: competitive balance versus incentives to win.  34p.
     295    Gandal, Neil.  The dynamics of competition in the Internet  
            search engine market.  19p.                                 
     294    Kirchsteiger, Georg, Rigotti, Luca & Rustichini, Aldo.  Your
            morals are your moods.  35p.                                
     298    Craine, Roger.  Dollarization: an irreversible decision.    
            27p.                                                        
     299    Echenique, Federico.  A characterization of strategic       
            complementarities.  18p.                                    
     297    Gayer, Ted.  The fatality risks of sport-utility vehicles,  
            vans, and pickups.  51p.                                    
     296    Rigotti, Luca, Ryan, Matthew & Vaithianathan, Rhema.        
            Entrepreneurial innovation.  34p.                           
     300    Gilbert, Richard J. & Katz, Michael L.  An economist's guide
            to U.S. vs. Microsoft.  39p.                                
     301    Gilbert, Richard J. & Tom, Willard K.  Is innovation king at
            the antitrust agencies?  The intellectual property          
            guidelines five years later.  46p.                          
     302    Gilbert, Richard & Hastings, Justine.  Vertical integration 
            in gasoline supply: an empirical test of raising rivals'    
            costs.  53p.                                                
     306    Farrell, Joseph & Katz, Michael.  Competition or predation? 
            Schumpeterian rivalry in network markets.  36p.             
     303    Gallini, Nancy & Scotchmer, Suzanne.  Intellectual property:
            when is it the best incentive system?.  26p.                
     304    Hall, Bronwyn H., Jaffe, Adam & Trajtenberg, Manuel.  Market
            value and patent citations: a first look.  47p.             
     305    Scotchmer, Suzanne.  The political economy of intellectual  
            property treaties.  30p.                                    
     308    Case, Karl E., Quigley, John M. & Shiller, Robert J.        
            Comparing wealth effects: the stock market versus the       
            housing market.  30p.                                       
     307    Hendel, Igal & Nevo, Aviv.  Sales and consumer inventory.   
            37p.                                                        

     UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.  

     117    Galiani, Sebastian & Hopenhayn, Hugo A.  Duration and risk  
            of unemployment in Argentina.  22p.                         
     118    Lopez-Cordova, J. Ernesto & Meissner, Chris.  Exchange-rate 
            regimes and international trade: evidence from the classical
            gold standard era.  52p.                                    
     116    Obstfeld, Maurice & Rogoff, Kenneth.  Perspectives on OECD  
            economic integration: implications for U.S. current account 
            adjustment.  61p.                                           



                                                           PAGE   6


     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     200031 Betts, Julian R., Odgers, Cameron W. & Wilson, Michael K.   
            The effects of unions on research and development: an       
            empirical analysis using multi-year data.  38p.             
     200033 Betts, Julian R. & Fairlie, Robert W.  Explaining ethnic,   
            racial, and immigrant differences in private school         
            attendance.  38p.                                           
     200020 Betts, Julian R. & Costrell, Robert M.  Incentives and      
            equity under standards-based reform.  78p.                  
     200021 Carson, Richard T. & Mitchell, Robert C.  Public preferences
            toward environmental risks: the case of trihalomethanes.    
            37p.                                                        
     200019 Elliott, Graham & Stock, James H.  Confidence intervals for 
            autoregressive coefficients near one.  37p.                 
     200026 Engle, Robert F. & Patton, Andrew J.  Impacts of trades in  
            an error-correction model of quote prices.  52p.            
     200030 Friedberg, Leora & Webb, Anthony.  The impact of 401(k)     
            plans on retirement.  35p.                                  
     200032 Goncalves, Silvia & White, Halbert.  Maximum likelihood and 
            the bootstrap for nonlinear dynamic models.  44p.           
     200023 Hamilton, James D. & Kim, Dong Heon.  A re-examination of   
            the predictability of economic activity using the yield     
            spread.  37p.                                               
     200027 Kim, Tae-Hwan, Stone, Douglas & White, Halbert.  Asymptotic 
            and Bayesian confidence intervals for Sharpe style weights. 
            40p.                                                        
     200022 Machina, Mark J.  Payoff kinks in preference over lotteries.
             46p.                                                       
     200024 Pesavento, Elena.  Analytical evaluation of the power of    
            tests for the absence of cointegration.  57p.               
     200029 Segal, Uzi & Sobel, Joel.  Min, max, and sum.  26p.         
     200028 Shen, Pu & Starr, Ross M.  Market makers' supply and pricing
            of financial market liquidity.  16p.                        
     200025 Starr, Ross M.  Why is there money?  Endogenous derivation  
            of `money' as the most liquid asset: a class of examples.   
            19p.                                                        
     2001-5 Den Haan, Wouter J. & Sumner, Steven.  The comovements      
            between real activity and prices in the G7.  33p.           
     2001-7 Giacomini, Raffaella & Granger, Clive W.J..  Aggregation of 
            space-time processes.  29p.                                 
     2001-4 Granger, Clive W.J. & Yoon, Gawon.  Self-generating         
            variables in a cointegrated VAR framework.  52p.            
     2001-1 Klimenko, Mikhail, Ramey, Garey & Watson, Joel.  Recurrent  
            trade agreements and the value of external enforcement.     
            40p.                                                        
     2001-8 Komunjer, Ivana.  Consistent estimation for aggregated GARCH
            processes.  42p.                                            
     2001-3 Owyang, Michael & Ramey, Garey.  Regime switching and       
            monetary policy measurement.  31p.                          
     2001-6 Paparoditis, Efsthathios & Politis, Dimitris N.  Unit root  
            testing via the continuous-path block bootstrap.  45p.      
     2001-9 Patton, Andrew J.  Modelling time-varying exchange rate     
            dependence using the conditional copula.  51p.              



                                                           PAGE   7

     2001-2 Timmermann, Allan.  Structural breaks, incomplete           
            information and stock prices.  35p.                         

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     122000 Frech, H.E., Langenfeld, James & Corbett, Michaelyn.        
            Managed health care effects: medical care costs and access  
            to health insurance.  26p.                                  
     9/2000 Gabrielsen, Tommy S. & Sorgard, Lars.  Private labels, price
            rivalry, and public policy.  28p.                           
     112000 Garratt, Rod & Qin, Cheng-Zhong.  Potential maximization and
            coalition government formation.  17p.                       
     102000 Lommerud, Kjell E., Straume, Odd R. & Sorgard, Lars.  Merger
            profitability in unionized oligopoly.  31p.                 
     8/2000 Tokat, Yasim, Rachev, Svetlozar T. & Schwartz, Eduardo.  The
            stable non-Gaussian asset allocation: a comparison with the 
            classical Gaussian approach.  36p.                          
     3/2001 Bohn, Henning.  Retirement savings in an aging society: a   
            case for innovative government debt management.  42p.       
     2/2001 Costello, Christopher & McAusland, Carol.  On agricultural  
            protection and exotic species introduction.  24p.           
     7/2001 Frech, H.E.  What can corporate demography and economics    
            contribute to each other?.  30p.                            
     6/2001 Kavuncu, Yusuf O. & Knabb, Shawn D.  An intergenerational   
            cost-benefit analysis of climate change.  41p.              
     8/2001 LeRoy, Stephen F.  Infinite portfolios.  20p.               
     1/2001 Sodal, Sigbjorn.  Entry, exit and scrapping decisions with  
            investment lags: a series of investment models based on a   
            new approach.  34p.                                         
     5/2001 Sunnevag, Kjell J.  Auction design for the allocation of    
            emission permits.  16p.                                     
     4/2001 Sunnevag, Kjell J.  Auction design for the allocation of    
            multiple units of a homogenous good: theoretical background 
            and practical expe.  28p.                                   

     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     2000-9 Di Tommaso, Maria L. & Weeks, Melvyn.  Decision structures  
            and discrete choices: an application to labour market       
            participation and fertility.  35p.                          
     2000-7 Domah, Preetum & Pollitt, Michael G.  The restructuring and 
            privatisation of electricity distribution and supply        
            businesses in England and Wales.  42p.                      
     200011 Giovannetti, Emanuele.  Interconnection, differentiation and
            bottlenecks in the Internet.  34p.                          
     200012 Giovannetti, Emanuele.  Perpetual leapfrogging in Bertrand  
            duopoly.  31p.                                              
     200013 Lewin-Solomons, Shira B.  Asset specificity and hold-up in  
            franchising and grower contracts: theoretical rationale for 
            government regulation?.  23p.                               
     2000-8 Littlechild, Stephen C.  Why we need electricity retailers: 
            a reply to Joskow on wholesale spot price pass-through.     
            42p.                                                        
     200010 Yudong, Yao & Weeks, Melvyn.  Provincial income convergence 
            in China, 1953-1957: a panel data approach.  34p.           



                                                           PAGE   8

     200021 Affuso, Luisa, Masson, Julien & Newbery, David.  Comparing  
            investments on new transport infrastructure: roads vs.      
            railways?.  36p.                                            
     200017 Aidt, Toke S.  The rise of environmentalism, pollution taxes
            and intra-industry trade.  31p.                             
     200019 Corrado, Luisa & Holly, Sean.  Piecewise linear feedback    
            rules in a non linear model of the Phillips Curve: evidence 
            from the U.S. and the U.K..  21p.                           
     200018 Kattuman, Paul & Roberts, Barbara M.  Strategy choices of   
            firms and market structure.  16p.                           
     200016 Lewin-Solomons, Shira B.  Autonomy, contractability, and the
            franchise relationship.  30p.                               
     200015 Lewin-Solomons, Shira B.  Innovation and authority in       
            franchise systems: an empirical exploration of the plural   
            form.  25p.                                                 
     200014 Ryan, Paul.  The school-to-work transition: a cross-national
            perspective.  74p.                                          
     200020 Santos, Georgina, Rojey, Laurent & Newbery, David.  The     
            environmental benefits from road pricing.  10p.             
     200022 Affuso, Luisa.  Intra-firm retail contracting: survey       
            evidence from the U.K.  24p.                                
     200024 Chadha, J.S., Janssen, N. & Nolan, C.  An examination of    
            U.K. business cycle fluctuations, 1871-1997.  29p.          
     200028 Coe, Patrick, Vahey, Shaun P. & Wakerly, Elizabeth C.  The  
            transparency and accountability of U.K. debt management: a  
            proposal.  18p.                                             
     200025 Immervoll, Herwig.  Fiscal drag: an automatic stabiliser?.  
            24p.                                                        
     200027 Lewin-Solomons, Shira B.  The plural form in franchising: a 
            synergism of market and hierarchy.  29p.                    
     200026 Littlechild, Stephen C.  A review of U.K. electricity       
            regulation, 1999-2000.  21p.                                
     200029 Raiser, Martin, Di Tommaso, Maria L. & Weeks, Melvyn.  The  
            measurement and determination of institutional change:      
            evidence from transition economies.  24p.                   
     200023 Wright, Stephen.  Optimal monetary policy with sticky       
            nominal debt contracts.  35p.                               
     2001-3 Chadha, Jagjit S. & Nolan, Charles.  Supply shocks and the  
            `natural rate of interest': an exploration.  24p.           
     2001-2 Darsinos, Theofanis & Satchell, Stephen.  Bayesian analysis 
            of the Black-Scholes option price.  37p.                    
     200030 Hara, Chiaki & Kajii, Atsushi.  On the range of the         
            risk-free interest rate in incomplete markets.  16p.        
     2001-1 Jamasb, Tooraj & Pollitt, Michael.  Benchmarking and        
            regulation of electricity transmission and distribution     
            utilities: lessons from international expe.  34p.           
     2001-4 Lewin, Richard A. & Satchell, Stephen E.  The derivation of 
            a new model of equity duration.  41p.                       
     2001-5 Sancetta, Alessio & Satchell, Stephen E.  Bernstein         
            approximations to the Copula function and portfolio         
            optimization.  47p.                                         

     BANK OF CANADA.  Technical Reports.                                

     89     Hogan, Seamus, Johnson, Marianne & Lafleche, Therese.  Core 
            inflation.  0p.                                             


                                                           PAGE   9


     UNIVERSITY OF CANTERBURY.  Department of Economics.                

     2000-5 Cowan, Robin, et al.  Technological accidents: learning from
            disaster.  31p.                                             
     2000-2 Gordon, Paul & Woodfield, Alan.  Negligence `in the air' and
            New Zealand's Health and Safety in Employment Act: a law and
            economics analysis.  49p.                                   
     2001-1 Woodfield, Alan.  The underlining game.  38p.               
     2001-3 Guender, Alfred V.  On optimal monetary policy rules and the
            role of MCIs in the open economy.  29p.                     

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     200085 Corchon, Luis C.  Monk business: an example of the dynamics 
            of organizations.  14p.                                     
     200088 Desmet, Klaus & Fafchamps, Marcel.  The changing spatial    
            distribution of economic activity across U.S. counties.     
            26p.                                                        
     200090 Pascual, Roberto, Escribano, Alvaro & Tapia, Mikel.  Adverse
            selection costs, trading activity and liquidity in the NYSE:
            an empirical analysis in a dynamic context.  37p.           
     200083 Pettit, L.I., Wiper, M.P. & Young, K.D.S.  Bayesian         
            inference for some Lanchester combat laws.  21p.            

     CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.   

     2000-8 Boyer, Robert.  Deux defis pour le XXIe siecle: discipliner 
            la finance et organiser l'internationalisation.  32p.       
     2000-7 Boyer, Robert.  The French welfare: an institutional and    
            historial analysis in European perspective.  87p.           
     2000-6 Cahuc, Pierre & Zylberberg, Andre.  Redundancy payments,    
            incomplete labor contracts, unemployment and welfare.  20p. 
     2000-9 Boyer, Robert.  The embodied innovative systems of Germany  
            and Japan: distinctive features and futures.  76p.          
     2001-1 Duran, Jorge.  Discounting long run average growth in       
            stochastic dynamic programs.  26p.                          
     2001-3 Petit, Pascal & Soete, Luc.  Is a biased technological      
            change fueling dualism?.  30p.                              

     UNIVERSITY OF COPENHAGEN.  Centre for Industrial Economics.        

     2000-9 Amir, Rabah, Evstigneev, Igor & Wooders, John.              
            Noncooperative R & D and optimal R & D cartels.  33p.       
     2000-7 Dierker, Egbert, Dierker, Hildegard & Grodal, Birgit.       
            Nonexistence of constrained efficient equilibria when       
            markets are incomplete.  15p.                               
     2000-6 Dierker, Egbert, Dierker, Hildegard & Grodal, Birgit.       
            Objectives of an imperfectly competitive firm: a surplus    
            approach.  23p.                                             
     2000-5 Smith, Valdemar, et al.  R & D and productivity in Danish   
            firms: some empirical evidence.  19p.                       
     2000-8 Wang, Liansheng.  A theory of unilateral trade policy.  29p.
     200010 Amir, Rabah & Stepanova, Anna.  Second mover advantage and  
            price leadership in Bertrand duopoly.  25p.                 



                                                           PAGE  10

     200011 Amir, Rabah & Grilo, Isabel.  Strategic complementarity     
            conditions in Bertrand oligopoly.  7p.                      
     200013 Agrell, Per J., Boggetoft, Peter & Tind, Jorgen.            
            Multi-period DEA incentive regulation in electricity        
            distribution.  16p.                                         
     200012 Bogetoft, Peter & Olesen, Henrik B.  Incentives, information
            systems and competition.  11p.                              
     2001-1 Hertzendorf, Mark N. & Overgaard, Per B.  Prices as signals 
            of quality in duopoly.  35p.                                
     2001-3 Mollgaard, H.Peter & Overgaard, Per B.  Market transparency 
            and competition policy.  36p.                               
     2001-2 Orzach, Ram, Overgaard, Per B. & Tauman, Yair.  Modest      
            advertising signals stength.  33p.                          
     2001-4 Schultz, Christian.  Transparency and tacit collusion.  27p.
     2001-5 Lambertini, Luca & Schultz, Christian.  Price or quantity in
            tacit collusion.  7p.                                       

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     200019 Boom, Jan-Tjeerd & Svendsen, Gert T.  The political economy 
            of international emissions trading scheme choice: empirical 
            evidence.  52p.                                             
     200015 Cres, Herve & Tvede, Mich.  Ordering Pareto-optima through  
            majority voting.  34p.                                      
     200018 Grodal, Birgit & Vind, Karl.  Walras equilibrium with       
            coordination.  15p.                                         
     200013 Juselius, Katerina & MacDonald, Ronald.  Interest rate and  
            price linkages between the USA and Japan: evidence from the 
            post-Bretton Woods period.  38p.                            
     200010 Juselius, Katarina & MacDonald, Ronald.  International      
            parity relationships between Germany and the United States: 
            a joint modelling approach.  54p.                           
     200017 Roy, Jaideep & Serfes, Konstantinos.  Strategic choice of   
            contract length in agriculture.  35p.                       
     200016 Roy, Jaideep.  When aspiring and rational agents strive to  
            coordinate.  29p.                                           
     200014 Tvede, Mich & Jensen, Martin K.  Endogenous growth and      
            competitive markets.  13p.                                  
     200012 Wang, Liansheng.  Growth and North-South wage gap.  28p.    
     200011 Wang, Liansheng.  A theory of unilateral trade policy.  29p.
     200020 Hendry, David F. & Juselius, Katarina.  Explaining          
            cointegration analysis, part II.  33p.                      

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1285   Cantillon, Estelle & Rangel, Antonio.  A graphical analysis 
            of some basic results in social choice.  29p.               
     1280   Dubey, Pradeep & Haimanko, Ori.  Unilateral deviation with  
            perfect information.  14p.                                  
     1282   Nordhaus, William D.  Alternative methods for measuring     
            productivity growth.  16p.                                  
     1286   Nordhaus, William D.  New data and output concepts for      
            understanding productivity trends.  32p.                    
     1284   Nordhaus, William D.  Productivity growth and the new       
            economy.  42p.                                              



                                                           PAGE  11

     1283   Quintos, Carmela E., Fan, Zhenhong & Phillips, Peter C.B.   
            Structural change in tail behavior and the Asian financial  
            crisis.  38p.                                               
     1287   Barral, Julien & Mandelbrot, Benoit B.  Multifractal        
            products of cylindrical pulses.  34p.                       
     1288   Brown, Donald J. & Wegkamp, Marten H.  Weighted minimum     
            mean-square distance from independence estimation.  31p.    
     1291   Cantillon, Estelle.  Electoral rules and the emergence of   
            new issue dimensions.  37p.                                 
     1290   Kumar, Alok & Shubik, Martin.  A computational analysis of  
            the core of a trading economy with three competitive        
            equilibria and a finite number of .  24p.                   
     1289   Shubik, Martin.  The uses of teaching games in game theory  
            classes and some experimental games.  15p.                  
     1293   Andrews, Donald W.K. & Sun, Yixiao.  Local polynomial       
            Whittle estimation of long-range dependence.  34p.          
     1292   Bergemann, Dirk & Hege, Ulrich.  The financing of           
            innovation: learning and stopping.  41p.                    
     1295   Campbell, John Y. & Shiller, Robert J.  Valuation ratios and
            the long-run stock market outlook: an update.  31p.         
     1294   Dubra, Juan, Maccheroni, Fabio & Ok, Efe A.  Expected       
            utility theory without the completeness axiom.  12p.        
     1296   Dubra, Juan & Echenique, Federico.  Measurability is not    
            about information.  11p.                                    
     1297   Dubra, Juan & Echenique, Federico.  Monotone preferences    
            over information.  13p.                                     
     1298   Fair, Ray C..  Estimates of the effectiveness of monetary   
            policy.  31p.                                               
     1300   Fair, Ray.  Is there empirical support for the `modern' view
            of macroeconomics?.  24p.                                   
     1299   Rust, John & Hall, George.  Middle men versus market makers:
            a theory of competitive exchange.  48p.                     
     1302   Bergemann, Dirk & Valimaki, Juuso.  Entry and vertical      
            differentiation.  40p.                                      
     1304   Dubey, Pradeep, Geanakoplos, John & Shubik, Martin.  Default
            and punishment in general equilibrium.  46p.                
     1305   Dubey, Pradeep & Geanakoplos, John.  Signalling and default:
            Rothschild-Stiglitz reconsidered.  27p.                     
     1301   Tobin, James.  Fiscal policy: its macroeconomics in         
            perspective.  10p.                                          
     1307   Bernardo, Antonio E. & Welch, Ivo.  On the evolution of     
            overconfidence and entrepreneurs.  50p.                     
     1313   Geanakoplos, J.D. & Tsomocos, D.P.  International finance in
            general equilibrium.  49p.                                  
     1306   Hirshleifer, David & Welch, Ivo.  An economic approach to   
            the psychology of change: amnesia, inertia, and             
            impulsiveness.  43p.                                        
     1311   Jeffrey, Andrew, et al.  Nonparametric estimation of a      
            multifactor Heath-Harrow-Morton model: an integrated        
            approach.  47p.                                             
     1308   Lieberman, Offer & Phillips, Peter C.B.  Second order       
            expansions for the distribution of the maximum likelihood   
            estimator of the fractional difference param.  13p.         
     1312   Morris, Stephen & Shin, Hyun Song.  The CNBC effect: welfare
            effects of public information.  34p.                        



                                                           PAGE  12

     1310   Phillips, Peter C.B.  Regression with slowly varying        
            regressors.  45p.                                           
     1309   Yu, Jun & Phillips, Peter C.B.  Gaussian estimation of      
            continuous time models of the short term interest rate.     
            22p.                                                        
     1332   Bandi, Federico M. & Phillips, Peter C.B.  Fully            
            nonparametric estimation of scalar diffusion models.  47p.  
     1323   Bergemann, Dirk & Pesendorfer, Martin.  Information         
            structures in optimal auctions.  47p.                       
     1319   Blume, Larry & Easley, David.  If you're so smart, why      
            aren't you rich?  Belief selection in complete and          
            incomplete markets.  36p.                                   
     1315   Dubey, Pradeep & Geanakoplos, John.  Insurance contracts    
            designed by competitive pooling.  38p.                      
     1316   Geanakoplos, John.  Liquidity, default and crashes:         
            endogenous contracts in general equilibrium.  35p.          
     1314   Geanakoplos, John & Diamond, Peter.  Social security        
            investment in equities I: linear case.  28p.                
     1321   Hall, George J.  Exchange rates and casualties during the   
            First World War.  34p.                                      
     1320   Mandler, Michael.  Accessible Pareto-improvements: using    
            market information to reform inefficiencies.  37p.          
     1322   Mandler, Michael.  Compromises between cardinality and      
            ordinality in preference theory and social choice.  38p.    
     1324   Nordhaus, William D.  The progress of computing.  51p.      
     1330   Phillips, Peter C.B.  Bootstrapping spurious regression.    
            42p.                                                        
     1331   Phillips, Peter C.B., Park, Joon Y. & Chang, Yoosoon.       
            Nonlinear instrumental variable estimation of an            
            autoregression.  28p.                                       
     1281r  Roemer, John E.  Does democracy engender equality?.  47p.   
     1328   Roemer, John E.  Egalitarianism against the veil of         
            ignorance.  27p.                                            
     1327   Roemer, John E.  Value and politics.  30p.                  
     1326   Roemer, John E. & Veneziani, Roberto.  What we owe our      
            children, they their children....  41p.                     
     1318   Sun, Ning & Yang, Zaifu.  Perfectly fair allocations with   
            indivisibilities.  17p.                                     
     1325   Welch, Ivo.  The equity premium consensus forecast          
            revisited.  14p.                                            
     1329   Xiao, Zhijie & Phillips, Peter C.B.  A CUSUM test for       
            cointegration using regression residuals.  21p.             
     1317   Yang, Zaifu.  A practical competitive market model for      
            indivisible commodities.  9p.                               
     1334   Andrews, Donald W.K.  Higher-order improvements of the      
            parametric bootstrap for Markov processes.  49p.            
     1337   Berry, Steven, Levinsohn, James & Pakes, Ariel.             
            Differential products demand systems from a combination of  
            micro and macro data: the new car market.  33p.             
     1335   Case, Karl E., Quigley, John M. & Shiller, Robert J.        
            Comparing wealth effects: the stock market versus the       
            housing market.  24p.                                       
     1333   Karatzas, Ioannis, et al.  Inflationary bias in a simple    
            stochastic economy.  25p.                                   




                                                           PAGE  13

     1336   Morris, Stephen, Frankel, David M. & Pauzner, Ady.          
            Equilibrium selection in global games with strategic        
            complementarities.  62p.                                    
     1338   Welch, Ivo & Bris, Arturo.  The optimal concentration of    
            creditors.  42p.                                            

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     523    Donati, Paola.  Indeterminacy in sequential financial market
            economies when prices reveal information.  21p.             
     524    Donati, Paola.  Real effect of money when prices reveal     
            information.  24p.                                          
     525    Donati, Paola.  What can monetary policy actually do?: an   
            example of robust observation under model uncertainty.  46p.
     526    Kemp, Gordon C.R.  Invariance and the Wald test.  13p.      
     522    Markose, Sheri & Er, Hakan.  The Black (1976) effect and    
            cross market arbitrage in FTSE-100 index futures and        
            options.  33p.                                              
     519    Mutuswami, Suresh.  Strategy proof cost sharing of multiple 
            excludable public goods.  21p.                              
     520    Mutuswami, Suresh.  Strategy proof mechanisms for cost      
            sharing.  23p.                                              
     521    Mutuswami, Suresh & Winter, Eyal.  Subscription mechanisms  
            for public goods: the general case.  16p.                   
     527    Richmond, J.  Separability and specification tests.  27p.   
     516    Takii, Katsuya.  A barrier to the diffusion of tacit        
            knowledge.  26p.                                            
     518    Takii, Katsuya.  Prediction ability and investment under    
            uncertainty.  30p.                                          
     517    Takii, Katsuya.  Risk and prediction ability.  32p.         

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     200012 Lach, Saul.  Do R & D subsidies stimulate or displace       
            private R & D?: evidence from Israel.  36p.                 
     200014 Lach, Saul.  Existence and persistence of price dispersion: 
            an empirical analysis.  25p.                                
     200015 Paserman, M. Daniele & Della Vigna, Stefano.  Job search and
            hyperbolic discounting.  59p.                               
     2001-1 Genesove, David & Mayer, Christopher.  Loss aversion and    
            seller behavior: evidence from the housing market.  37p.    

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     200027 Del Negro, Marco.  Asymmetric shocks among U.S. states.     
            44p.                                                        
     200026 Del Negro, Marco & Obiols-Homs, Francesc.  Has monetary     
            policy been so bad that it is better to get rid of it?  The 
            case of Mexico.  39p.                                       
     200024 Evanoff, Douglas D. & Wall, Larry D.  Subordinated debt and 
            bank capital reform.  76p.                                  
     200023 Koch, Timothy W. & Wall, Larry D.  The use of accruals to   
            manage reported earnings: theory and evidence.  33p.        
     200028 Laing, Derek, Li, Victor E. & Wang, Ping.  Inflation, trade 
            frictions, and productive activity in a multiple-matching   
            model of money.  40p.                                       


                                                           PAGE  14

     200025 Wall, Larry D. & Shrikhande, Milind M.  Managing the risk of
            loans with basis risk: sell, hedge, or do nothing?.  43p.   
     2001-2 Ginther, Donna K.  Does science discriminate against women?:
            evidence from academia, 1973-97.  64p.                      
     2001-1 Orrenius, Pia M. & Zavodny, Madeline.  Self-selection among 
            undocumented immigrants from Mexico.  36p.                  
     2001-5 Ackert, Lucy F., Church, Bryan K. & Gillette, Ann B.        
            Immediate disclosure or secrecy?  The release of information
            in experimental asset markets.  25p.                        
     2001-9 Akhavein, Jalal, Frame, W. Scott & White, Lawrence J.  The  
            diffusion of financial innovations: an examination of the   
            adoption of small business credit scoring by large ba.  26p.
     2001-4 Black, Harold, Boehm, Thomas P. & De Gennaro, Ramon P.  Is  
            there discrimination in mortage pricing?  The case of       
            overages.  40p.                                             
     2001-8 Cyree, Ken B. & De Gennaro, Ramon P.  A generalized method  
            for detecting abnormal returns and changes in systematic    
            risk.  31p.                                                 
     2001-6 Frame, W. Scott, Padhi, Michael & Woosley, Lynn.  The effect
            of credit sorting on small business lending in low- and     
            moderate income areas.  24p.                                
     200110 Frame, W. Scott, Karels, Gordon V. & McClatchey, Christine. 
            The effect of the common bond and membership expansion on   
            credit union risk.  31p.                                    
     2001-7 Ginther, Donna K. & Hayes, Kath J.  Gender differences in   
            salary and promotion for faculty in the humanities, 1977 -  
            1995.  67p.                                                 
     200111 Evanoff, Douglas D. & Wall, Larry D.  Sub-debt yield spreads
            as bank risk measures.  37p.                                
     200112 Ginther, Donna K. & Juhn, Chinhui.  Employment of women and 
            demand-side forces.  26p.                                   
     200115 Del Guercio, Diane & Tkac, Paula A.  Star power: the effect 
            of Morningstar ratings on mutual fund flows.  47p.          
     200113 Dwyer, Gerald P. & Hafer, R.W.  Bank failures in banking    
            panics: risky banks or road kill?.  33p.                    
     200114 Rodriguez, Daniel & Zavodny, Madeline.  Family structure and
            sex difference in post-displacement outcomes.  28p.         
     200116 Jeske, Karsten.  Private international debt with risk of    
            repudiation.  41p.                                          
     200124 Balduzzi, Pierluigi & Robotti, Cesare.  Minimum-variance    
            kernels, economic risk premia, and tests of multi-beta      
            models.  43p.                                               
     200120 Espinosa-Vega, Marco & Russell, Steven.  Stability of steady
            states in a model of pleasant monetarist arithmetic.  24p.  
     200123 Fernandez-Villaverde, Jesus & Rubio-Ramirez, Juan F.        
            Comparing dynamic equilibrium economies to data.  30p.      
     200117 Fisher, Lance A., Huh, Hyeon-seung & Tallman, Ellis W.      
            Permanent income and transitory variation in investment and 
            output.  29p.                                               
     200118 Kahn, Charles M. & Roberds, William.  Finality and debt     
            settlement.  41p.                                           
     200121 Kamstra, Mark.  Rational exuberance: the fundamentals of    
            pricing firms, from blue chips to "dot com".  27p.          
     200119 Orrenius, Pia M. & Zavodny, Madeline.  Do amnesty programs  
            encourage illegal immigration?  Evidence from the           
            Immigration Reform and Control Act (IRCA).  21p.            


                                                           PAGE  15

     200122 Rabanal, Pau & Rubio-Ramirez, Juan F.  Nominal versus real  
            wage rigidities: a Bayesian approach.  47p.                 

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     200011 Basu, Susanto & Fernald, John.  Why is productivity         
            procyclical?  Why do we care?.  86p.                        
     200013 Fernald, John & Rogers, John H.  Puzzles in the Chinese     
            stock market.  34p.                                         
     200015 Campbell, Jeffrey R. & Fisher, Jonas D.M.  Idiosyncratic    
            risk and aggregate employment dynamics.  55p.               
     200022 Ackert, Lucy F. & Hunter, William C.  An empirical          
            examination of the price-dividend realtion with dividend    
            management.  29p.                                           
     200021 Elliott, Robert J., Hunter, William C. & Jamieson, Barbara  
            M.  Financial signal processing: a self calibrating model.  
            26p.                                                        
     200020 MacDonald, James M. & Aaronson, Daniel.  How do retail      
            prices react to minimum wage increases?.  40p.              
     200028 Aaronson, Daniel, et al.  Supplier relationships and small  
            business use of trade credit.  39p.                         
     200027 Aaronson, Daniel & Sullivan, Daniel.  Recent evidence on the
            relationship between unemployment and wage growth.  25p.    
     200025 Baxter, Marianne & Kouparitsas, Michael A.  What can account
            for fluctuations in the terms of trade?.  39p.              
     200031 Brewer, Elijah, Jackson, William E. & Jagtiani, Julapa A.   
            Impact of independent directors and the regulatory          
            environment on bank merger prices: evidence from takeover   
            activi.  25p.                                               
     200026 Croushore, Dean & Evans, Charles L.  Data revisions and the 
            identification of monetary policy shocks.  31p.             
     200023 Lusardi, Annamaria, Cossa, Richard & Krupka, Erin L.        
            Savings of young parents.  45p.                             
     200029 Veracierto, Marcelo.  What are the short-run effects of     
            increasing labor market flexibility?.  46p.                 
     200030 Wang, Cheng & Zhou, Ruilin.  Equilibrium lending mechanism  
            and aggregate activity.  37p.                               
     2001-2 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.  On   
            the fiscal implications of twin crises.  38p.               
     2001-4 Basu, Susanto, Fernald, John G. & Shapiro, Matthew D.       
            Productivity growth in the 1990s: technology, utilization,  
            or adjustment?.  59p.                                       
     2001-8 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
            L.  Nominal rigidities and the dynamic effects of a shock to
            monetary policy.  47p.                                      

     FEDERAL RESERVE BANK OF CLEVELAND.  Research Department.           

     2      Humpage, Owen F.  International financial flows and the     
            current business expansion.  14p.                           

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     2000-6 Dolmas, James F. & Huffman, Gregory H.  The dynamics of     
            immigration policy with wealth-heterogeneous immigrants.    
            23p.                                                        


                                                           PAGE  16

     2000-5 Orrenius, Pia & Zavodny, Madeline.  Self-selection among    
            undocumented immigrants from Mexico.  35p.                  
     1/2001 Keonig, Evan F.  What goes down must come up: understanding 
            time-variation in the NAIRU.  59p.                          
     2001-2 Brown, Stephen P.A. & Yucel, Mine K.  Energy prices and     
            aggregate economic activity: an interpretative survey.  28p.
     2001-3 Orrenius, Pia M. & Zavodny, Madeline.  Do amnesty programs  
            encourage illegal immigration?  Evidence from the           
            Immigration Reform and Control Act (IRCA).  21p.            

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     2000-1 Rappaport, Jordan.  How does openness to capital flows      
            affect growth?.  37p.                                       
     200010 Rappaport, Jordan.  Is the speed of convergence constant?.  
            44p.                                                        

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     283    Phelan, Christopher.  Public trust and government betrayal. 
            21p.                                                        
     284    Bergoeing, Raphael & Kehoe, Timothy J.  Trade theory and    
            trade facts.  42p.                                          
     287    Cole, Harold L. & Kocherlakota, Narayana R.  Finite memory  
            and imperfect monitoring.  20p.                             
     289    Cooper, Russell & Corbae, Dean.  Financial collapse and     
            active monetary policy: a lesson from the Great Depression. 
            44p.                                                        
     288    Kocherlakota, Narayana R.  Building blocks for barriers to  
            riches.  25p.                                               
     285    Ohanian, Lee E.  Why did productivity fall so much during   
            the Great Depression?.  11p.                                
     286    Schmitz, James A.  What determines labor productivity?      
            Lessons from the dramatic recovery of the U.S. and Canadian 
            iron-ore industrie.  59p.                                   
     291    Atkeson, Andrew & Kehoe, Patrick J.  Measuring organization 
            capital.  35p.                                              
     290    Mitchell, Matthew F.  Specialization and the skill premium  
            in the 20th century.  35p.                                  
     292    Bergoeing, Raphael, et al.  A decade lost and found: Mexico 
            and Chile in the 1980s.  52p.                               
     293    Golosov, Mikhail, Kocherlakota, Narayana & Tsyvinski, Aleh. 
            Optimal indirect and capital taxation.  43p.                
     294    McGrattan, Ellen R. & Prescott, Edward C.  The stock market 
            crash of 1929: Irving Fisher was right!.  37p.              
     295    Cole, Harold L. & Ohanian, Lee E.  The great U.K.           
            depression: a puzzle and possible resolution.  49p.         
     297    Atkeson, Andrew & Kehoe, Patrick J.  The advantage of       
            transparent instruments of monetary policy.  39p.           
     296    Atkeson, Andrew & Kehoe, Patrick J.  The transition to a new
            economy after the Second Industrial Revolution.  58p.       

     FED RESERVE BANK OF MPLS-UNIV OF MINN.  Inst. for Empirical Macro. 

     137    Caplin, Andrew & Leahy, John.  The social discount rate.    
            30p.                                                        


                                                           PAGE  17

     138    Caucutt, Elizabeth M., Imrohoroglu, Selahattin & Kumar,     
            Krishna B.  Does the progressivity of taxes matter for      
            economic growth?.  46p.                                     
     139    Walde, Klaus.  Capital accumulation in a model of growth and
            creative destruction.  19p.                                 

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     200013 Nakamura, Leonard I.  Education and training in an era of   
            creative destruction.  32p.                                 
     2001-1 Abel, Andrew B.  An exploration of the effects of pessimism 
            and doubt on asset returns.  28p.                           
     2001-2 Abel, Andrew B.  Will bequests attenuate the predicted      
            meltdown in stock prices when baby boomers retire?.  16p.   
     2001-3 Mester, Loretta J., Nakamura, Leonard I. & Renault,         
            Micheline.  Checking accounts and bank monitoring.  36p.    
     2001-4 Carlino, Gerald & Chatterjee, Satyajit.  Employment         
            deconcentration: a new perspective on America's postwar     
            urban evolution.  33p.                                      
     2001-6 Berger, Allen N. & Mester, Loretta J.  Explaining the       
            dramatic changes in performance of U.S. banks: technological
            change, deregulation, and dynamic chang.  41p.              
     2001-5 Khan, Aubhik, King, Robert G. & Wolman, Alexander I.        
            Optimal monetary policy.  55p.                              
     2001-7 Nakamura, Leonard & Zarazaga, Carlos E.J.M.  Banking and    
            finance in Argentina in the period 1900-35.  47p.           
     200112 Ball, Laurence & Croushore, Dean.  Expectations and the     
            effects of monetary policy.  28p.                           
     2001-8 Crone, Theodore M., Nakamura, Leonard I. & Voith, Richard.  
            Measuring American rents: a revisionist history.  44p.      
     200111 Dedola, Luca & Leduc, Sylvain.  A quantitative welfare      
            analysis of the trade-off between the current regime and    
            macroeconomic stabilization.  34p.                          
     2001-9 Leduc, Sylvain & Sill, Keith.  A quantitative analysis of   
            oil-price shocks, systematic monetary policy, and economic  
            downturns.  35p.                                            
     200110 Stark, Tom & Croushore, Dean.  Forecasting with a real-time 
            data set for macroeconomists.  46p.                         
     200114 Carlino, Gerald A., Chatterjee, Satyajit & Hunt, Robert.    
            Knowledge spillovers and the new economy of cities.  25p.   
     200113 Hunt, Robert M.  Patentability, industry structure, and     
            innovation.  36p.                                           
     200115 Nakamura, Leonard I.  What is the U.S. gross investment in  
            intangibles?  (At least) one trillion dollars a year!.  41p.

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     200050 Bomfin, Antulio N.  Pre-announcement effects, news, and     
            volatility: monetary policy and the stock market.  32p.     
     200051 Clouse, James, et al.  Monetary policy when the nominal     
            short-term interest rate is zero.  80p.                     
     200052 Dynan, Karen E., Skinner, Jonathan & Zeldes, Stephen P.  Do 
            the rich save more?.  49p.                                  
     200053 O'Brien, James M.  Estimating the value and interest rate   
            risk of interest-bearing transactions deposits.  44p.       



                                                           PAGE  18

     2001-3 Berger, Allen N. & DeYoung, Robert.  The effects of         
            geographic expansion on bank efficiency.  42p.              
     200111 Bomfin, Antulio N.  Optimal portfolio allocation in a world 
            without Treasury securities.  25p.                          
     2001-9 Davis, Morris A. & Palumbo, Michael G.  A primer on the     
            economics and time series econometrics of wealth effects.   
            62p.                                                        
     200110 Demiralp, Selva & Jorda, Oscar.  The Pavlovian response of  
            term rates to Fed announcements.  36p.                      
     2001-7 Gilchrist, Simon & Williams, John C.  Transition dynamics in
            vintage capital models: explaining the postwar catch-up of  
            Germany and Japan.  28p.                                    
     2001-1 Meyer, Laurence H., Swanson, Eric T. & Wieland, Volker W.   
            NAIRU uncertainty and nonlinear policy rules.  14p.         
     2001-8 Roberts, John M.  Estimates of the productivity trend using 
            time-varying parameter techniques.  32p.                    
     2001-5 Sakellaris, Plutarchos.  Patterns of plant adjustment.  46p.
     2001-6 Sakellaris, Plutarchos.  Production function estimation with
            industry capacity data.  16p.                               
     2001-2 von zur Muehlen, Peter.  Activist vs. non-activist monetary 
            policy: optimal rules under extreme uncertainty ( a primer  
            on robust control).  28p.                                   
     2001-4 Whelen, Karl.  Balanced growth revisited: a two-sector model
            of economic growth.  32p.                                   
     200113 Roberts, John M.  How well does the new Keynesian           
            sticky-price model fit the data?.  42p.                     
     200112 von zur Muehlen, Peter.  The effect of past and future      
            economic fundamentals on spending and pricing behavior in   
            the FRB/US macroeconomic mo.  20p.                          
     200119 Aaronson, Stephanie.  Looking ahead: young men, wage growth,
            and labor market participation.  46p.                       
     200116 Amel, Dean F. & Starr-McCluer, Martha.  Market definition in
            banking: recent evidence.  26p.                             
     200115 Bakshi, Gurdip, Madan, Dilip & Zhang, Frank.  Investigating 
            the sources of default risk: lessons from empirically       
            evaluating credit risk models.  52p.                        
     200123 Dynan, Karen E. & Maki, Dean M.  Does stock market wealth   
            matter for consumption?.  43p.                              
     200118 Fallick, Bruce C. & Fleischman, Charles A.  The importance  
            of employer-to-employer flows in the U.S. labor market.     
            42p.                                                        
     200117 Gibson, Michael S.  Incorporating event risk into           
            value-at-risk.  34p.                                        
     200122 Hancock, Diana & Kwast, Myron L.  Using subordinated debt to
            monitor bank holding companies: is it feasible?.  50p.      
     200124 Lange, Joe, Sack, Brian & Whitesell, William.  Anticipations
            of monetary policy in financial markets.  36p.              
     200121 Maki, Dean M. & Palumbo, Michael G.  Disentangling the      
            wealth effect: a cohort analysis of household saving in the 
            1990s.  38p.                                                
     2001-4 Rigobon, Roberto & Sack, Brian.  Measuring the reaction of  
            monetary policy to the stock market.  30p.                  
     200120 Sakellaris, Plutarchos & Wilson, Daniel J.  The             
            production-side approach to estimating embodied technical   
            change.  62p.                                               



                                                           PAGE  19

     200129 Eudey, Gwen & Molico, Miguel.  Production synergies,        
            technology adoption, unemployment, and wages.  20p.         
     200125 Fleischman, Charles A. & Gallin, Joshua.  Employment        
            persistence.  31p.                                          
     200126 Passmore, Wayne, Sparks, Roger & Ingpen, Jamie.  GSEs,      
            mortgage rates, and the long-run effects of mortgage        
            securitization.  32p.                                       
     200127 Pritsker, Matthew.  The hidden dangers of historical        
            simulation.  61p.                                           
     200130 Rudd, Jeremy & Whelan, Karl.  New test of the New-Keynesian 
            Phillips curve.  30p.                                       
     200128 Zhou, Hao.  Jump-diffusion term structure and Ito           
            conditional moment generator.  34p.                         
     200134 Berger, Allen N., Klapper, Leora F. & Udell, Gregory F.  The
            ability of banks to lend to informationally opaque small    
            businesses.  46p.                                           
     200135 Berger, Allen N., Goldberg, Lawrence G. & White, Lawrence J.
             The effects of dynamic changes in bank competition on the  
            supply of small business credit.  29p.                      
     200136 Berger, Allen N. & Udell, Gregory F.  Small business credit 
            availability and relationship lending: the importance of    
            bank organizational structure.  34p.                        
     200131 Berkowitz, Jeremy & O'Brien, James.  How accurate are       
            value-at-risk models at commercial banks?.  27p.            
     200133 De Nicolo, Gianni & Kwast, Myron L.  Systemic risk and      
            financial consolidation: are they related?.  27p.           
     200132 Sharpe, Steven A.  Reexamining stock valuation and          
            inflation: the implications of analysts' earnings forecasts.
             38p.                                                       
     200137 Bakshi, Gurdip, Madan, Dilip & Zhang, Frank.  Recovery in   
            default risk modelling: theoretical foundations and         
            empirical applications.  37p.                               
     200140 Cummins, Jason G. & Nyman, Ingmar.  Optimal investment with 
            fixed refinancing costs.  31p.                              
     200138 Hannan, Timothy H., et al.  To surcharge or not to          
            surcharge: an empirical investigation of ATM pricing.  32p. 
     200139 Levin, Andrew, Wieland, Volker & Williams, John C.  The     
            performance of forecast-based monetary policy rules under   
            model uncertainty.  44p.                                    
     200146 Bansal, Ravi & Zhou, Hao.  Term structure of interest rates 
            with regime shifts.  57p.                                   
     200149 Bollerslev, Tim & Zhou, Hao.  Estimating stochastic         
            volatility using conditional moments of integrated          
            volatility.  44p.                                           
     200153 Bomfin, Antulio N.  Measuring equilibrium real interest     
            rates: what can we learn from yields on indexed bonds?.     
            25p.                                                        
     200150 Bomfin, Antulio N.  Understanding credit derivatives and    
            their potential to synthesize riskless assets.  30p.        
     200151 Carlson, Mark.  Are branch banks better survivors?  Evidence
            from the Depression Era.  38p.                              
     200154 Coenen, Gunter, Levin, Andrew & Wieland, Volker.  Data      
            uncertainty and the role of money as an information variable
            for monetary policy.  58p.                                  




                                                           PAGE  20

     200142 Durham, J. Benson.  The effect of monetary policy on monthly
            and quarterly stock market returns: cross-country evidence  
            and sensitivity.  41p.                                      
     200147 Durham, J. Benson.  Sacrifice ratios and monetary policy    
            credibility: do smaller budget deficits, inflation-indexed  
            debt, and inflation.  61p.                                  
     200152 Dynan, Karen E. & Elmendorf, Douglas.  Do provincial        
            estimates of output miss economic turning points?.  51p.    
     200145 Erceg, Christopher J & Levin, Andrew T.  Imperfect          
            credibility and inflation persistence.  32p.                
     200144 French, Mark W.  Estimating changes in trend growth of total
            factor productivity: Kalman and H-P filters versus a        
            Markov-switching f.  38p.                                   
     200143 Hannan, Timothy H. & Prager, Robin A.  The competitive      
            implications of multimarket bank branching.  33p.           
     200141 Kiley, Michael T.  An analytical approach to the welfare    
            cost of business cycles and the benefit from activist       
            monetary policy.  30p.                                      

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     691    Ahearne, Alan G., Griever, William L. & Warnock, Francis E. 
            Information costs and home bias: an analysis of U.S.        
            holdings of foreign equities.  44p.                         
     689    DeNicolo, Gianni.  Size, charter value and risk in banking: 
            an international perspective.  42p.                         
     687    Ericsson, Neil R., Irons, John S. & Tryon, Ralph W.  Output 
            and inflation in the long run.  22p.                        
     690    Faust, Jon, Rogers, John H. & Wright, Jonathan H.  News and 
            noise in G-7 GDP announcements.  22p.                       
     692    Freund, Carolina L.  Current account adjustment in          
            industralized countries.  31p.                              
     688    Warnock, Francis E. & Mason, Molly.  The geography of       
            capital flows: what we can learn from benchmark surveys of  
            foreign equity holdings.  27p.                              
     693    Freund, Caroline L. & Weinhold, Diana.  On the effects of   
            the internet on international trade.  42p.                  
     697    Ericsson, Neil R.  Forecast uncertainty in economic         
            modeling.  23p.                                             
     695    Ericsson, Neil R.  Predictable uncertainty in economic      
            forecasting.  28p.                                          
     700    Ericsson, Neil R., Maasoumi, Esfandiar & Mizon, Grayham E.  
            A retrospective on J. Denis Sargan and his contributions to 
            econometrics.  25p.                                         
     694    Gramlich, Edward M. & Wood, Paul R.  Fiscal federalism and  
            European integration: implications for fiscal and monetary  
            policies.  24p.                                             
     696    Kim, Jinill, Kim, Sunghyun Henry & Levin, Andrew.  Patience,
            persistence and welfare costs of incomplete markets in open 
            economies.  28p.                                            
     698    Rogers, John H. & Smith, Hayden P.  Border effects within   
            the NAFTA countries.  36p.                                  
     699    Rogers, John H.  Price level convergences, relative prices, 
            and inflation in Europe.  36p.                              




                                                           PAGE  21

     701    Haltmaier, Jane.  The use of cyclical indicators in         
            estimating the output gap in Japan.  28p.                   
     703    Kim, Chang-Jin, Piger, Jeremy & Startz, Richard.  Permanent 
            and transitory components of business cycles: their relative
            importance and dynamic relationship.  43p.                  
     702    Warnock, Francis E.  Home bias and high turnover            
            reconsidered.  15p.                                         
     704    Gagnon, Joseph E. & Ihrig, Jane.  Monetary policy and       
            exchange rate pass-through.  33p.                           
     708    Edison, Hali J. & Warnock, Francis E.  A simple measure of  
            the intensity of capital controls.  31p.                    
     705    Faust, Jon, Rogers, John H. & Wright, Jonathan H.  An       
            empirical comparison of Bundesbank and ECB monetary policy  
            rules.  23p.                                                
     709    Ihrig, Jane.  Exchange-rate exposure of multinationals:     
            focusing on exchange-rate issues.  20p.                     
     707    Kim, Chang-Jin, Nelson, Charles & Piger, Jeremy.  The less  
            volatile U.S. economy: a Bayesian investigation of timing,  
            breadth, and potential explanations.  46p.                  
     710    Schindler, John W.  Testing optimality in job search models.
             38p.                                                       
     706    Weinberg, Steven A.  Interpreting the volatility smile: an  
            examination of the information content of option prices.    
            43p.                                                        
     711    Kamin, Steven B., Schindler, John W. & Samuel, Shawna L.    
            The contribution of domestic and external factors to        
            emerging market devaluation crises: an early warning systems
            a.  54p.                                                    
     712    Roush, Jennifer E.  Evidence uncovered: long-term interest  
            rates, monetary policy, and the expectations theory.  49p.  
     713    Berger, Brett D.  Convergence in neoclassical vintage       
            capital growth models.  51p.                                

     FEDERAL TRADE COMMISSION.  Bureau of Economics.                    

     235    Wickelgren, Abraham L.  The effect of exit on entry         
            deterrence strategies.  37p.                                
     236    Yun, John M.  Publicity and the optimal punitive damage     
            multiplier.  29p.                                           
     237    Simpson, John.  Geographic markets in hospital mergers: a   
            case study.  25p.                                           
     238    Reiffen, David.  Targeted consumer information and prices:  
            the private and social gains to matching consumers with     
            products.  32p.                                             
     240    Taylor, Christopher T.  The economic effects of withdrawn   
            antidumping investigations: is there evidence of collusive  
            settlements?.  28p.                                         
     239    Wickelgren, Abraham L.  Moral hazard, mergers, and market   
            power.  31p.                                                
     241    Simpson, John & Wickelgren, Abraham L.  The use of exclusive
            contracts to deter entry.  25p.                             
     242    Thomas, Charles J.  Collusion and optimal reserve prices in 
            repeated procurement auctions.  32p.                        
     243    Pautler, Paul A.  Evidence on mergers and acquisitions.     
            80p.                                                        



                                                           PAGE  22


     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     229    Bar-Hilell, Maya.  Subjective probability judgements.  12p. 
     233    Blarer, Albert, Keaser, Tamar & Shmida, Avi.  Possible      
            mechanisms for the formation of flower size preferences by  
            foraging bumblebees.  18p.                                  
     232    Peleg, Bezalel & Winter, Eyal.  Constitutional              
            implementation.  22p.                                       
     230    Seshadri, Sridhar & Shapira, Zur.  Managerial allocation of 
            time and effort.  35p.                                      
     227    Shapira, Zur.  Aspiration levels and risk taking by         
            goverment bond traders.  41p.                               
     228    Simon, Robert S.  The common prior assumption in belief     
            spaces: an example.  23p.                                   
     231    Sudholter, Peter & Peleg, Bezalel.  The positive prekernel  
            of a cooperative game.  18p.                                
     238    Abbink, Klaus, et al.  The fisherman's problem: exploring   
            the tension between cooperative and non coopreative concepts
            in a simple game.  21p.                                     
     236    Assaf, David, Goldstein, Larry & Samuel-Cahn, Ester.  Ratio 
            prophet inequalities when the mortal has several choices.   
            14p.                                                        
     235    Falk, Ruma & Samuel-Cahn, Ester.  Lewis Carroll's obtuse    
            problem.  10p.                                              
     234    Hart, Sergiu.  Values of perfectly competitive economies.   
            21p.                                                        
     239    Neeman, Zvika & Vulkan, Nir.  Markets versus negotiations:  
            the emergence of centralized markets.  25p.                 
     237    Venezia, Itzhak, Galai, Dan & Shapira, Zur.  Exclusive vs.  
            independent agents: a separating equilibrium approach.  23p.
     260    Aumann, Robert J.  The rationale for measurability.  4p.    
     257    Hon-Snir, Shlomit.  Utility equivalence in auctions.  17p.  
     259    Neyman, Abraham & Sorin, Sylvain.  Zero-sum two-person      
            repeated games with public uncertain duration process.  26p.
     256    Peleg, Bezalel & Sudholter, Peter.  The dummy paradox of the
            bargaining set.  4p.                                        
     258    Peleg, Bezalel, Peters, Hans & Storcken, Ton.  Nash         
            consistent representation of constitutions: a reaction to   
            the Gibbard paradox.  29p.                                  

     HEBREW UNIVERSITY.  Department of Economics.                       

     11     Cardak, Buly A.  Education vouchers, growth and income      
            inequality.  55p.                                           

     HITOTSUBASHI UNIVERSITY.  Institute for Economic Research.         

     395    Cha, Myung Soo.  Did Korekiyo Takahashi rescue Japan from   
            the Great Depression?.  28p.                                
     394    Fukao, Kyoji & Ito, Keiko.  Foreign direct investment and   
            service trade: the case of Japan.  55p.                     
     399    Kim, Jaehong.  Incentive monopoly regulation with entry.    
            19p.                                                        




                                                           PAGE  23

     398    Kim, Jaehong.  Limit pricing through entry regulation.  18p.
     396    Yoshihara, Naoki.  Characterizations of bargaining solutions
            in production economies with unequal skills.  31p.          
     397    Yoshihara, Naoki.  On efficient and procedurally-fair       
            equilibrium allocations in sharing games.  21p.             
     405    Amsden, Alice H. & Suzumura, Kotaro.  An interview with     
            Miyohei Shinohara: non-conformism in Japanese economic      
            thought.  25p.                                              
     408    Cha, Myung Soo.  The origins of the Japanese banking panic  
            of 1927.  46p.                                              
     401    Kim, Iljoong & Kim, Jaehong.  Lawsuit as a signaling game   
            under asymmetric information: a continuum types model.  24p.
     400    Kim, Iljoong & Kim, Jaehong.  Litigation selection as a     
            signal under asymmetric information: a two-type model with  
            alternating bargaining offers.  20p.                        
     402    Kim, Jaehong.  Excess entry, entry regulation, and entrant's
            incentive.  19p.                                            
     404    Kim, Jaehong.  Incumbent's incentive under network          
            externalities.  23p.                                        
     403    Kim, Jaehong.  Signaling rather than incentive mechanism for
            entry regulation.  15p.                                     
     407    Kiyokawa, Yukihiko.  An analysis of labor quality in the    
            unorganized sector: does the "strong religion" disturb labor
            management?.  33p.                                          
     406    Kurosaki, Takashi.  Specialization and diversification in   
            agricultural transformation: the case of rural Punjab, c.   
            1900-1995.  44p.                                            
     409    Yoshihara, Naoki.  Solidarity and the Nash bargaining       
            solution.  14p.                                             
     413    Islamov, Bakhtior.  Central Asia: problems of external debt 
            and its sustainability.  37p.                               
     414    Narayanan, K.  Liberalisation and the differential conduct  
            and performance of firms: a study of the Indian automobile  
            sector.  32p.                                               
     412    Rollings, Neil.  Modernisation by consensus: the impact of  
            the policy process on British economic policy 1945-64.  20p.

     UNIVERSITY OF ICELAND.  Faculty of Economics & Business Admin.     

     200017 Booth, Alison L. & Zoega, Gylfi.  Why do firms invest in    
            general training?  `Good' firms and `bad' firms as a source 
            of monopsony power.  32p.                                   
     2000-6 Buiter, Willem H.  Is Iceland an optimal currency area?.    
            26p.                                                        
     200010 Gylfason, Thorvaldur.  Natural resources, education and     
            economic development.  10p.                                 
     200012 Matthiasson, Thorolfur.  Changing rules for regulation of   
            Icelandic fisheries.  31p.                                  
     200011 Tomasson, Helgi.  Signal-noise decomposition in financial   
            markets: an empirical stochastic process analysis for       
            infrequent trading.  97p.                                   
     2000-9 Gylfason, Thorvaldur.  Fix or flex?: alternative exchange   
            rate regimes in an era of global capital mobility.  27p.    
     2000-8 Hochreiter, Eduard.  Exchange rate regimes and capital      
            mobility: issues and some lessons from Central and Eastern  
            European applicant cou.  24p.                               


                                                           PAGE  24

     200013 Tumusiime-Mutebile, E.  Economic reforms and their impact in
            Uganda.  18p.                                               

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     200039 Cardot, Herve, et al.  Testing hypotheses in the functional 
            linear model.  16p.                                         
     200034 Carrasco, Marine.  Chi-square tests when a nuissance        
            parameter is present only under the alternative.  37p.      
     200033 Carrasco, Marine & Florens, J.P.  Efficient GMM estimation  
            using the empirical characteristic function.  34p.          
     200036 Druilhet, Pierre & Bailey, R.A.  Optimality of              
            neighbour-balanced designs for total effects.  11p.         
     200036 Lardjane, Salim.  Quantifying sensitivity to initial        
            conditions for one-dimensional dynamical systems.  16p.     
     200037 Linnemer, Laurent.  Quality signaling of a durable          
            experience good in the presence of informed consumers.  17p.
     200038 Mas, Andre.  Weak convergence for the covariance operators  
            of a Hilbertian linear process.  20p.                       
     200040 Darolles, S. & Serot, I.  Empirical local time for processes
            observed on a grid.  19p.                                   
     200041 Jullien, B., Salanie, B. & Salanie, F.  Screening           
            risk-averse agents under moral hazard.  30p.                
     200042 Linnemer, L.  When backward integration by a dominant firm  
            improves welfare.  25p.                                     
     200048 Baranes, Edmond & Tropeano, Jean-Philippe.  Why are         
            technological spillovers spatially bounded?  A theoretical  
            approach.  27p.                                             
     200055 Bouchard, Bruno.  Exponential hedging and pricing under     
            proportional transaction costs.  26p.                       
     200054 Bouchard, Bruno.  A note on the utility based option pricing
            with proportional transaction costs under large risk        
            aversion.  16p.                                             
     200053 Bouchard, Bruno.  Stochastic targets with mixed diffusion   
            processes and viscosity solutions.  34p.                    
     200043 Casella, George, Lavine, Michael & Robert, Christian P.     
            Explaining the perfect sampler.  17p.                       
     200044 Casella, George, Robert, Christian P. & Wells, Martin T.    
            Rao-Blackwellization of generalized accept-reject schemes.  
            9p.                                                         
     200045 Chopin, Nicolas.  A sequential particle filter method for   
            static models.  25p.                                        
     200047 Francq, Christian & Zakoian, Jean-Michel.  Estimating       
            stochastic volatility models: a new approach based on ARMA  
            representations.  26p.                                      
     200057 Garcia, Rene, Luger, Richard & Renault, Eric.  Asymmetric   
            smiles, leverage effects and structural parameters.  50p.   
     200056 Garcia, Rene, Luger, Richard & Renault, Eric.  Empirical    
            assessment of an intertemporal option pricing model with    
            latest variables.  35p.                                     
     200046 Hristache, Marian, Juditsky, Anatoli & Spokoiny, Vladimir.  
            Direct estimation of the index coefficient in a             
            single-index.  29p.                                         
     200051 Lemel, Yannick & Rainwater, Lee.  The age and gender        
            components of social status in France: first results.  23p. 



                                                           PAGE  25

     200061 Couralet, P.E.  Child labor and economic growth.  26p.      
     2001-3 Dauxois, J.Y. & Kirmani, S.N.U.A.  Testing the proportional 
            odds model under random censoring.  10p.                    
     200060 Dhaene, G. & Scaillet, O.  Reversed score and likelihood    
            ratio tests.  16p.                                          
     2001-4 Essafi, C. Afsa.  Housing benefit and the labour supply:    
            evidence from the French minimum income program.  26p.      
     2001-2 Poret, S.  The illicit drug market: paradoxical effects of  
            law enforcement policies.  30p.                             
     200059 Progent, J.L., Renault, O. & Scaillet, O.  An empirical     
            investigation in credit spread indices.  35p.               
     200112 Bertrand, Marianne & Kramarz, Francis.  Does entry          
            regulation hinder job creation?  Evidence from the French   
            retail industry.  46p.                                      
     2001-8 Cogneau, Denis & Maurin, Eric.  Parental income and school  
            attendance in a low-income country: a semi-parametric       
            analysis.  34p.                                             
     2001-5 Dabo-Niang, Sophie.  Density estimation in infinite         
            dimensional space: application to processes of diffusion    
            type.  31p.                                                 
     200110 Fermanian, Jean-David.  Nonparametric estimation of         
            competing risks models with covariates.  22p.               
     200113 Fermanian, Jean-David & Salanie, Bernard.  A nonparametric  
            simulated maximum likelihood estimation method.  20p.       
     2001-7 Givord, Pauline & Maurin, Eric.  Changes in job stability   
            and their causes: an empirical analysis method applied to   
            France 1982-2000.  40p.                                     
     2001-6 Mas, Andre & Menneteau, Ludovic.  Large and moderate        
            deviations principles for infinite dimensional              
            autoregressive processes.  22p.                             
     2001-9 Maurin, Eric & Thesmar, David.  Change in the functional    
            structure of firms and the demand for skill.  48p.          
     200114 Thesmar, David.  The governance of subsidiaries: how        
            pyramidal ownership magnifies the separation of ownership   
            and control.  29p.                                          
     200120 Darolles, S., Gourieroux, C. & Jasiak, J.  Compound         
            autoregressive models.  55p.                                
     200115 Gilbert, Lucie, Kamionka, Thierry & Lacroix, Guy.  The      
            impact of government-sponsored training programs on the     
            labor market transition of disadvantaged men.  37p.         
     200121 Hristache, M., et al.  Structure adaptive approach for      
            dimension reduction.  26p.                                  
     200118 Lescourret, Laurence & Foucault, Thierry.  Information      
            sharing, liquidity and transaction costs in floor-based     
            trading systems.  34p.                                      
     200122 Malinvaud, E.  An aggregation problem: the demand for       
            unskilled labour.  17p.                                     
     200116 Margolis, David N. & Salvanes, Kjell G.  Do firms really    
            share rents with their workers?.  37p.                      
     200119 Veredas, David, Rodriguez-Poo, Juan & Espasa, Antoni.  On   
            the (intradaily) seasonality and dynamics of a financial    
            point process: a semiparametric approach.  30p.             
     2001-1 Calvet, Laurent, Grandmont, Jean-M. & Lemaire, Isabelle.    
            Aggregation of heterogenous beliefs and asset pricing in    
            complete financial markets.  66p.                           



                                                           PAGE  26

     2001-2 Chone, Philippe & Laroque, Guy.  Optimal incentives for     
            labor force participation.  26p.                            
     200127 Diaye, Marc A., Gardes, Francois & Starzec, Christophe.  The
            world according to GARP: non-parametric tests of demand     
            theory and rational behavior.  33p.                         
     200126 Druilhet, Pierre.  Conditions for optimality in experimental
            designs.  12p.                                              
     200123 Fagart, Marie C., Fombaron, Nathalie & Jeleva, Maglena.     
            Risk mutualization and competition in the insurance market. 
            37p.                                                        
     200032 Francq, Christian & Zakoian, Jean M.  Stationarity of       
            multivariate Markov-switching ARMA models.  26p.            

     INSTITUTO DE ESTUDIOS ECONOMICOS DE GALICIA PEDRO BARRIE de la MAZA

     49     Esteban, Joan & Ray, Debraj.  Inequality, public allocation 
            and development: a characterization of equilibria.  37p.    
     48     Esteban, Joan & Ray, Debraj.  Inequality, public allocation 
            and development: conflictual and allocative losses.  29p.   

     UNIVERSITY OF IOWA.  Department of Economics.                      

     2000-4 Horowitz, Joel L & Spokoiny, Vladimir G.  An adaptive,      
            rate-optimal test of linearity for median regression models.
             33p.                                                       

     IOWA STATE UNIVERSITY.  Department of Economics.                   

     340    Huffman, Wallace E. & Feridhanusetyawan, Tubagus.           
            Migration, fixed costs, and location-specific amenities: a  
            hazard rate analysis.  35p.                                 
     339    Li, Yang & Huffman, Wallace E.  Return migration as an      
            individual's optimal utility maximizing behavior.  49p.     
     55     Pingle, Mark & Tesfatsion, Leigh.  Non-employment benefits  
            and the evolution of worker-employer cooperation:           
            experiments with real and computational a.  52p.            
     54     Bhattacharya, Joydeep & Haslag, Joseph H.  On the use of the
            inflation tax when non-distortionary taxes are available.   
            18p.                                                        
     346    Bhattacharya, Joydeep & Kudoh, Noritaka.  Tight money       
            policies and inflation revisited.  36p.                     

     BANCA DE ITALIA.  Research Department.                             

     377    Altissimo, Filippo, Marchetti, Domenico J. & Oneto, Gian    
            Paolo.  The Italian business cycle: coincident and leading  
            indicators and some stylized facts.  126p.                  
     380    Angelini, Paolo & Cetorelli, Nicola.  Bank competition and  
            regulatory reform: the case of the Italian banking industry.
             49p.                                                       
     379    Atkinson, A.B. & Brandolini, Andrea.  Promise and pitfalls  
            in the use of "secondary" data-sets: income inequality in   
            OECD countries.  57p.                                       
     385    Busetti, Fabio.  Testing for stochastic trends in series    
            with structural breaks.  39p.                               



                                                           PAGE  27

     382    Ferraguto, Giuseppe & Pagano, Patrizio.  Endogenous growth  
            with intertemporally dependent preferences.  47p.           
     381    Focarelli, Dario & Pozzolo, Alberto F.  The determinants of 
            cross-border bank shareholdings: an analysis with bank level
            data from OECD countries.  48p.                             
     378    Fornari, Fabio & Pericoli, Marcello.  Stock values and      
            fundamentals: link or irrationality?.  37p.                 
     384    Guiso, Luigi, et al.  Will a common European monetary policy
            have asymmetric effects?.  39p.                             
     386    Lippi, Francesco.  Revisiting the case for a populist       
            central banker.  18p.                                       
     383    Michelacci, C. & Zaffaroni, P.  (Fractional) beta           
            convergence.  48p.                                          
     387    De Bonis, Riccardo & Ferrano, Annalisa.  The multimarket    
            contacts theory: an application to Italian banks.  37p.     
     389    Dedola, Luca & Lippi, Francesco.  The monetary transmission 
            mechanism: evidence from the industries of five OECD        
            countries.  46p.                                            
     391    Sbracia, Massimo & Zaghini, Andrea.  Expectations and       
            information in second generation currency crises models.    
            32p.                                                        
     400    Cipollone, Piero.  Is the Italian labour market segmented?. 
            44p.                                                        
     396    Formari, Fabio & Mele, Antonio.  Recovering the probability 
            density function of asset prices using GARCH as diffusion   
            approximations.  39p.                                       
     397    Fornari, Fabio & Mele, Antonio.  A simple approach to the   
            estimation of continuous time CEV stochastic volatility     
            models of the short-term rate.  68p.                        
     401    Giordano, Raffaela.  Optimal debt maturity under EMU.  30p. 
     399    Grande, Giuseppe & Ventura, Luigi.  Labor income and risky  
            assets under market incompleteness: evidence from Italian   
            data.  35p.                                                 
     392    Marchetti, Domenico J. & Nucci, Francesco.  Unobserved      
            factor utilization, technology shocks and business cycles.  
            44p.                                                        
     394    Pagano, Patrizio & Schivardi, Fabiano.  Firm size           
            distribution and growth.  47p.                              
     393    Panetta, Fabio.  The stability of the relation between the  
            stock market and macroeconomic forces.  45p.                
     395    Siviero, Stefano & Terlizzese, Daniele.  Macroeconomic      
            forecasting: debunking a few old wives' tales.  45p.        
     410    Bentivogli, Chiara & Monti, Paola.  International           
            transmission via trade links: theoretically consistent      
            indicators of interdependence for Latin Americ.  41p.       
     404    Bonaccorsi di Patti, Emilia & Gobbi, Giorgio.  The effects  
            of bank consolidation and market entry on small business    
            lending.  37p.                                              
     406    Carnazza, Paolo & Parigi, Giuseppe.  The evolution of       
            confidence for European consumers and businesses in France, 
            Germany and Italy.  35p.                                    
     408    Corsetti, Giancarlo, Pericoli, Marcello & Sbracia, Massimo. 
            Correlation analysis of financial contagion: what one should
            know before running a test.  47p.                           




                                                           PAGE  28

     403    de Blasio, Guido & Mini, Federico.  Seasonality and         
            capacity: an application to Italy.  48p.                    
     405    Dedola, Luva, Gaiotti, Eugenio & Silipo, Luca.  Money demand
            in the Euro area: do national differences matter?.  54p.    
     407    Pericoli, Marcello & Sbracia, Massimo.  A primer on         
            financial contagion.  46p.                                  
     409    Sbracia, Massimo & Zaghini, Andrea.  The role of the banking
            system in the international transmission of shocks.  40p.   

     LA TROBE UNIVERSITY.  Department of Economics.                     

     200015 Coxhead, Ian & Jayasuria, Sisira.  Economic growth,         
            development policy and the environment in the Philippines.  
            39p.                                                        
     200016 Prentice, David.  Estimating a differentiated products model
            with a discrete/continuous choice and limited data.  28p.   
     2000-9 D'Souza, Clare, Lim, Selena & Hewarathna, Ramya.  Gender    
            impact on women entrepreneurs: a cultural analysis.  16p.   
     200017 Magnani, Elisabetta & Prentice, David.  Did globalization   
            reduce unionization?  Evidence from U.S. manufacturing.     
            24p.                                                        
     2001-2 Hewitson, Gillian.  Robinson Crusoe in the family: feminist 
            economics and "Lost in Space".  18p.                        
     2001-1 Hewitson, Gillian.  A survey of feminist economics.  52p.   

     UNIVERSITE DE LAUSANNE.  Dept. d'Econometrie d' Econ. Politique.   

     200026 Abul Naga, Ramses H. & Bolzani, Enrico.  Poverty and        
            permanent income: a methodology for cross-section data.     
            41p.                                                        
     200023 Brulhart, Marius & Trionfetti, Federico.  Public expenditure
            and international specialisation.  43p.                     
     200027 Butler, Monika.  The political feasibility of increasing    
            retirement age: lessons from a ballot on female retirement  
            age.  35p.                                                  
     2001-3 Lambelet, Jean-Christian.  A critical evaluation of the     
            Bergier report on "Switzerland and refugees during the Nazi 
            Era," with a new analysis .  76p.                           
     200024 Neven, Damien J. & Roller, Lars-Hendrik.  Consumer surplus  
            vs. welfare standard in a political economy model of merger 
            control.  27p.                                              
     200025 Neven, Damien J. & Roller, Lars-Hendrik.  The scope of      
            conflict in international merger control.  14p.             
     2001-2 Perotti, Enrico C. & von Thadden, Ernst-Ludwig.  Outside    
            finance, dominant investors and strategic transparency.     
            35p.                                                        
     2001-5 Abul Naga, Ramses H.  Biases of the ordinary least squares  
            and instrumental variables estimators of the                
            intergenerational earnings correl.  18p.                    
     2001-8 Adjaoute, Kpate & Danthine, Jean-Pierre.  Portfolio         
            diversification: alive and well in Euroland!.  17p.         
     2001-7 Butler, Monika & Harms, Philipp.  Old folks and spoiled     
            brats: why the baby boomers' saving crisis need not be that 
            bad.  27p.                                                  




                                                           PAGE  29


     LONDON SCHOOL OF ECONOMICS.  ICERD-Devel. Econ. Discussion Series. 

     23     Matsuyama, Kiminori.  The rise of mass consumption          
            societies.  62p.                                            
     28     Besley, Timothy & Burgess, Robin.  The political economy of 
            government responsiveness: theory and evidence from India.  
            42p.                                                        
     29     Burgess, Robin & Zhuang, Juzhong.  Modernisation and son    
            preference.  36p.                                           

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     359    Burkart, Mike & Wallner, Klaus.  Club enlargement: early    
            versus late admittance.  43p.                               
     365    Cunat, Vicente.  Trade credit: suppliers as debt collectors 
            and insurance providers.  42p.                              
     362    Ericsson, Jan & Renault, Olivier.  Liquidity and credit     
            risk.  53p.                                                 
     361    Hellwig, Christian.  Public information, private information
            and the multiplicity of equilibria in coordination games.   
            25p.                                                        
     360    Perez-Quiros, Gabriel & Timmermann, Allan.  Business cycle  
            asymmetries in stock returns: evidence from higher order    
            moments and conditional densities.  45p.                    
     364    Prigent, Jean-Luc, Renault, Olivier & Scaillet, Olivier.  An
            autoregressive conditional binomial option pricing model.   
            22p.                                                        
     363    Prigent, Jean-Luc, Renault, Olivier & Scaillet, Olivier.  An
            empirical investigation in credit spread indices.  32p.     
     367    Brown, Ward & Haegler, Urs.  Financing constraints and      
            inventories.  31p.                                          
     366    Haegler, Urs.  Recursive mechanisms and costly storage      
            audits to insure privately informed agents.  31p.           
     376    Anderson, Ronald W. & Nyborg, Kjell G.  Financing and       
            corporate growth under repeated moral hazard.  35p.         
     378    Burkart, Mike & Panunzi, Fausto.  Agency conflicts,         
            ownership concentraion, and legal shareholder protection.   
            31p.                                                        
     369    Coco, Giuseppe & de Meza, David.  In denfence of usury laws.
             28p.                                                       
     370    Conner, Gregory.  A structural GARCH model of daily equity  
            return volatility.  26p.                                    
     379    Connor, Gregory & Sehgal, Sanjay.  Tests of the Fama and    
            French model of India.  23p.                                
     372    Corsetti, Giancarlo, et al.  Does one Soros make a          
            difference?  A theory of currency crises with large and     
            small traders.  31p.                                        
     368    Ellul, Andrew.  The dealers ride again: volatility and order
            flow dynamics in a hybrid market.  51p.                     
     374    Goodhart, Charles & Krueger, Malte.  The impact of          
            technology on cash usage.  58p.                             
     377    Goodhart, Charles, Schoenmaker, Dirk & Dasgupta, Paolo.  The
            skill profile of central bankers and supervisors.  23p.     




                                                           PAGE  30

     381    Gottardi, Piero & Rahi, Rahit.  Efficiency properties of    
            rational expectations equilibria with asymmetric            
            information.  45p.                                          
     382    Hodgson, Douglas J., Linton, Oliver & Vorkink, Keith.       
            Testing the capital asset pricing model efficiently under   
            elliptical symmetry: a semiparametric approach.  33p.       
     383    Linton, Oliver & Shintani, Motosugu.  Is there chaos in the 
            world economy?  A nonparametric test using consistent       
            standard errors.  38p.                                      
     373    Morris, Stephen & Shin, Hyun Song.  Coordination risk and   
            the price of debt.  24p.                                    
     375    Ortalo-Magne, Francois & Rady, Sven.  Housing market        
            dynamics: on the contribution of income shocks and credit   
            constraints.  48p.                                          
     380    Sentana, Enrique.  Mean-variance portfolio allocation with a
            value at risk constraint.  17p.                             
     371    Shin, Hyun Song.  Disclosures and asset returns.  30p.      
     389    Anderson, Ronald W. & Nyborg, Kjell G.  Financial           
            evelopment, agency and the pact of adoption of new          
            techniques.  29p.                                           
     384    Calzolari, Giorgio, Fiorentini, Gabriele & Sentana, Enrique.
             Constrained indirect inference estimation.  75p.           
     388    Carletti, Elena.  The structure of bank relationships,      
            endogenous monitoring and loan rates.  40p.                 
     386    Gautier, Axel & Heider, Florian.  What do internet capital  
            markets do?: redistribution vs. incentives.  33p.           
     387    Heider, Florian.  Signalling with debt and equity: a        
            unifying approach and its implications for the pecking-order
            hypothesis and comp.  29p.                                  
     385    Jeffrey, Andrew, Linton, Oliver & Nguyen, Thong.  Flexible  
            term structure estimation: which method is preferred?.  41p.
     390    Shin, Hyun Song, Hayes, Simon & Gai, Prasanna.  Crisis costs
            and debtor discipline: the efficacy of public policy in     
            sovereign debt.  24p.                                       
     395    Bar-Isaac, Heski.  Self-confidence and survival.  42p.      
     394    Danielsson, Jon, Shin, Hyun Song & Zigrand, Jean-Pierre.    
            Asset price dynamics with value-at-risk constrained traders.
             30p.                                                       
     393    Danielsson, Jon & Zigrand, Jean-Pierre.  What happens when  
            you regulate risk?  Evidence from a simple equilibrium      
            model.  41p.                                                
     391    Webb, David & de Meza, David.  Saving eliminates credit     
            rationing.  17p.                                            
     392    Zigrand, Jean-Pierre.  Rational limits to arbitrage.  29p.  

     LONDON SCHOOL OF ECONOMICS.  Int'l. Centre for Econ & Related Disc.

     407    Anderlini, Luca & Felli, Leonardo.  Bounded rationality and 
            incomplete contracts.  37p.                                 
     405    Horsley, Anthony & Wrobel, Andrew J.  Efficiency rents of   
            pumped-storage plants and their uses for operation and      
            investment decisions.  32p.                                 
     404    Levy, Gilat.  Strategic consultation in the presence of     
            career concerns.  39p.                                      




                                                           PAGE  31

     409    Anderlini, Luca & Felli, Leonardo.  Transaction costs and   
            the robustness of the Coase theorem.  35p.                  
     413    Bai, Chong-En & Xu, Chenggang.  Ownership, incentives, and  
            monitoring.  34p.                                           
     412    Bolton, Patrick & Xu, Chenggang.  Ownership and managerial  
            competition: employee, customer, or outside ownership.  39p.
     414    Felli, Leonardo & Roberts, Kevin.  Does competition solve   
            the hold-up problem?.  59p.                                 
     417    Horsley, Anthony & Wrobel, Andrew J.  Continuity of the     
            equilibrium price density and its uses in peak-load pricing.
             46p.                                                       
     428    Bar-Isaac, Heski.  Self-confidence and survival.  43p.      

     UNIVERSITY COLLEGE LONDON.  Department of Economics.               

     200012 Acemoglu, Daron, Aghion, Philippe & Violante, Giovanni L.   
            Deunionization, technical change and inequality.  46p.      
     2000-8 Acemoglu, Daron & Newman, Andrew F.  The labour market and  
            corporate structure.  32p.                                  
     200011 Aghion, Philippe, Howitt, Peter & Violante, Giovanni L.     
            General purpose technology and within-group wage inequality.
             42p.                                                       
     200014 Albano, Gian Luigi.  A class of all-pay auctions with       
            affiliated information.  9p.                                
     200015 Albano, Gian Luigi & Jouneau-Sion, Frederic.  A Bayesian    
            approach to the econometrics of English auctions.  15p.     
     200013 Albano, Gian Luigi, Germano, Fabrizio & Lovo, Stefano.  A   
            comparison of standard multi-unit auctions with synergies.  
            7p.                                                         
     200010 Albano, Gian Luigi & Lizzeri, Alessandro.  Strategic        
            certification and provision of quality.  24p.               
     2000-7 Altissimo, Filippo & Violante, Giovanni L.  The nonlinear   
            dynamics of output and unemployment in the U.S.  41p.       
     2000-5 Binmore, Ken, Swierzbinski, Joe & Proulx, Chris.  Does      
            minimax work?  An experimental study.  43p.                 
     2000-9 Garibaldi, Pietro & Violante, Giovanni L.  Severance        
            payments in search economies with limited bonding.  26p.    
     200016 Inderst, Roman.  Bargaining with a possible committed       
            seller.  38p.                                               
     200017 Inderst, Roman.  Decentralized markets with adverse         
            selection.  39p.                                            
     200018 Inderst, Roman & Laux, Christian.  Internal competitions for
            corporate financial resources.  35p.                        
     200020 Inderst, Roman & Muller, Holger M.  Project bundling,       
            liquidity spillovers and capital market discipline.  35p.   
     2000-4 Pemberton, Malcolm & Ulph, David.  Technical progress and   
            the measurement of national income.  25p.                   
     2000-6 Swanson, Timothy, et al.  Conflicts in conservation:        
            aggregating total economic values.  39p.                    
     2000-3 Ulph, David & Pemberton, Malcolm.  Measuring income and     
            measuring sustainability.  19p.                             
     200019 Violante, Giovanni L.  Technological acceleration, skill    
            transferability and the rise in residual inequality.  50p.  

     UNIVERSITE CATH. DE LOUVAIN.  Ctr. for Op. Research & Econometrics.

     200043 Bauwens, Luc & Hunter, John.  Identifying long-run behaviour
            with non-stationary data.  13p.                             
                                                           PAGE  32

     200040 Bloise, Gaetano & Magris, Francesco.  Sunspot equilibria in 
            a monetary economy with capital accumulation.  15p.         
     200041 Chander, Parkash.  A simple measure of risk aversion in the 
            large and an application.  33p.                             
     200042 Coelli, Tim.  On the econometric estimation of the distance 
            function representation of a production technology.  23p.   
     200044 Dreze, Jacques H. & Polemarchakis, Heracles M.  Monetary    
            equilibria.  26p.                                           
     200045 Giot, Pierre.  Intraday value-at-risk.  24p.                
     200046 Jouneau-Sion, Frederic & Torres, Olivier.  Auctions with    
            discrete increments: a structural econometric approach based
            on dominated strategies.  48p.                              
     200047 Loparic, Marko, Marchand, Hugues & Wolsey, Laurence A.      
            Dynamic knapsack sets and capacitated lot-sizing.  18p.     
     200038 Lubrano, Michel.  Bayesian non-linear modellings of the     
            short term U.S. interest rate: the help of non-parametric   
            tools.  26p.                                                
     200039 Miller, Andrew J., Nemhauser, George L. & Savelsbergh,      
            Martin W.P.  Solving multi-item capacitated lot-sizing      
            problems with setup times by branch and cut.  32p.          
     200049 Ortega, Francisco & Wolsey, Laurence.  A branch-and-cut     
            algorithm for the single commodity uncapacitated fixed      
            charge network flow problem.  28p.                          
     200048 Russo, Giuseppe & Veredas, David.  Institutional rigidities 
            and employment rigidity in the Italian large industrial     
            firms.  25p.                                                
     200060 Bauwens, Luc, et al.  A comparison of financial duration    
            models via density forecasts.  41p.                         
     200033 d'Apsremont, Claude, Dos Santos Ferreira, Randolphe &       
            Gerard-Varet, Louis-Andre.  Endogenous business cycles and  
            business formation with a strategic investment.  21p.       
     200057 De Meyer, Bernard & Saley, Hadiza Moussa.  On the strategic 
            origin of Brownian motion in finance.  29p.                 
     200059 Demichelis, Stefano & Ritzberger, Klaus.  From evolutionary 
            to strategic stability.  33p.                               
     200050 Duran, Jorge & LeVan, Cuong.  A simple proof of existence of
            equilibrium in a one sector growth model with bounded or    
            unbounded returns from belo.  19p.                          
     200055 Einy, Ezra, et al.  Information advantage and dominant      
            strategies in second-price auctions.  14p.                  
     200062 Gabszewicz, Jean J. & Wauthy, Xavier Y.  Another perverse   
            effect of monopoly power.  10p.                             
     200063 Gabszewicz, Jean J. & Grazzini, Lisa.  Strategic            
            multilateral exchange and taxes.  18p.                      
     200054 Grazzini, Lisa.  Ad valorem and per unit taxation in an     
            oligopoly model.  15p.                                      
     200056 Haimanko, Ori & Steinberg, Richard.  Price symmetry in a    
            duopoly with congestion.  11p.                              
     200058 Hindrika, Jean.  Public versus private insurance: a         
            political economy argument.  23p.                           
     200051 Louveaux, Quentin & Wolsey, Laurence A.  Combining problem  
            structure with basis reduction to solve a class of hard     
            integer programs.  18p.                                     
     200061 Michel, Philippe & Wigniolle, Bertrand.  Temporary bubbles  
            in an economy with under-accumulation.  33p.                



                                                           PAGE  33

     200052 Miller, Andrew J., Nemhauser, George L. & Savelsbergh,      
            Martin W.P.  On the polyhedral structure of a multi-item    
            production planning model with setup times.  30p.           
     200112 Azomahou, Theophile & Van Phu, Nguyen.  Economic growth and 
            CO2 emissions: a nonparametric approach.  27p.              
     200110 del Rey, Elena.  Persistent inequality through schooling:   
            the role of limited school capacity.  33p.                  
     2001-7 Einy, Ezra, et al.  Dominance solvability of second-price   
            auctions with differential information.  23p.               
     2001-1 Forges, Francoise, Mertens, Jean-Francois & Vohra, Rajiv.   
            The ex ante incentive compatible core in the absence of     
            wealth effects.  27p.                                       
     2001-5 Germain, Marc & Van Steenberghe, Vincent.  Constraining     
            equitable allocations of tradable greenhouse gases emission 
            quotas by acceptability.  23p.                              
     2001-4 Hindriks, Jean & Myles, Gareth D.  Strategic inter-regional 
            transfers.  30p.                                            
     2001-2 Jehiel, Philippe & Thisse, Jacques F.  Lobbying in public   
            decision making.  23p.                                      
     200111 Le Breton, Michel & Weber, Shlomo.  The art of making       
            everybody happy: how to prevent a secession.  39p.          
     2001-9 Michel, Philippe & Pestieau, Pierre.  Fiscal policy in a    
            growth model with bequest-as-consumption.  16p.             
     2001-8 Miller, Andrew J. & Wolsey, Laurence A.  Discrete lot-sizing
            and convex integer programming.  29p.                       
     2001-6 Miller, Andrew J., Nemhauser, George L. & Savelsbergh,      
            Martin W.P.  A multi-item production planning model with    
            setup times: algorithms, reformulations, and polyhedral     
            characterizatio.  21p.                                      
     2001-3 Tabuchi, Takatoshi, Thisse, Jacques F. & Zeng, Dao-Zhi.  On 
            the evolution of a multi-regional system.  39p.             
     200117 Citanna, Alessandro, Polemarchakis, Heraklis M. & Tirelli,  
            Mario.  The taxation of trades in assets.  19p.             
     200120 Cremer, Helmuth, Pestieau, Pierre & Rochet, Jean-Charles.   
            Capital income taxation when inherited wealth is not        
            observable.  23p.                                           
     200121 Cremer, Helmuth, Dellis, Arnaud & Pestieau, Pierre.  Family 
            size and optimal income taxation.  25p.                     
     200115 Figuieres, Charles, Hindriks, Jean & Myles, Gareth D.       
            Revenue sharing versus expenditure sharing.  21p.           
     200113 Gabszewicz, Jean J. & Wauthy, Xavier Y.  The option of joint
            purchase in vertically differentiated markets.  15p.        
     200122 Giot, Pierre & Laurent, Sebastien.  Value-at-risk for long  
            and short trading positions.  25p.                          
     200118 Giraud, Gael & Rochon, Celine.  Consistent                  
            collusion-proofness and correlation in exchange economies.  
            25p.                                                        
     200119 Giraud, Gael & Rochon, Celine.  Generic efficiency and      
            collusion-proofness in exchange economies.  29p.            
     200124 Justmann, Moshe, Thisse, Jacques-Francois & van Ypersele,   
            Tanguy.  Fiscal competition and regional differentiation.   
            20p.                                                        
     200123 Marchand, Maurice & Schroyen, Fred.  Markets for public and 
            private health care: redistribution arguments for a mixed   
            system.  32p.                                               



                                                           PAGE  34

     200114 Savaglio, Ernesto.  A note on inequality criteria.  8p.     
     200116 Soubeyran, Antoine & Weber, Shlomo.  District formation: a  
            co-opetition approach.  32p.                                

     MACQUARIE UNIVERSITY.  Department of Economics.                    

     132000 Bryant, William D.A.  Appropriate redistributions and the   
            second welfare theorem when equilibrium is not unique.  34p.